Repossession Stories Making the News

Cable gives house price warning - BBC News

BBC News
Cable gives house price warning
BBC News, UK - 6 Jan 2009
Nevertheless, the Council of Mortgage Lenders expects repossession levels to rise sharply to 75000 this year and for the number of people falling behind on ...
UK Housing Market Crash and Depression Forecast 2007 to 2012 Center for Research on Globalization
all 6 news articles

Expert opinion: Property prices to stabilise in 2009 if everybody ... - Daily Mail

Daily Mail
Expert opinion: Property prices to stabilise in 2009 if everybody ...
Daily Mail, UK - 6 Jan 2009
My tip: buy at a London auction if looking for a repossession bargain in preference to a more local one. Prices are better as this is where lazier banks ...

Extra help for struggling property owners kicks in today in UK - Property Wire

Property Wire
Extra help for struggling property owners kicks in today in UK
Property Wire, UK - 5 Jan 2009
Extra help for property owners with mortgages who lose their jobs comes into force in the UK today amid fears that 75000 homes could be repossessed this ...

New help for jobless homeowners - Finance Markets

stv.tv
New help for jobless homeowners
Finance Markets, UK - 5 Jan 2009
by Gill Montia The Government is improving the help available for homeowners facing mortgage arrears, and ultimately repossession, because they have lost ...
Extra help for unemployed homeowners Times Online
all 339 news articles

Consumers bury their heads in the sand over debt - Mortgage Strategy

Consumers bury their heads in the sand over debt
Mortgage Strategy, UK - 6 Jan 2009
Gardner says that with warnings over rising repossession levels and banks reporting growing levels of bad debt consumers face an uphill struggle in managing ...

Merckle suicide gives crisis grim defining moment - Telegraph.co.uk

Merckle suicide gives crisis grim defining moment
Telegraph.co.uk, United Kingdom - 10 hours ago
The UK mental health charity Rethink recently named home repossession as the factor people believe is most likely to trigger mental illness. ...

Latest Repossessions Stopped

11th December 2008, Dartford County Court
Client had fallen into arrears of £11,000 due to job change. Judge adjourned the case for 3 weeks to allow time for money due to the client that will clear the arrears in full to be paid to him.

9th December 2008, Manchester County Court
Client had fallen into arrears of £7,000 due to his own takeaway business being affected by the credit crunch. Judge suspended the repossession with payments of £100 being made on top of the mortgage payment

26th November 2008, Oldham County Court
Client got into arrears amounting to £5000 due to a separation from her partner. The Judge was satisfied she was now able to afford the full amount on here own and so suspended the repossession with a £50 payment on top of contractual.

view more »

Call us FREE on 0800 043 2444 for Confidential Advice

Our office is open on Wednesdays until 9pm
(not out-of-hours call centre)

Home Advisory Service - Advice you can trust