Recently released figures have shown that in the final three months of last the number of properties in the UK falling into repossession fell significantly, as did the levels of mortgage arrears in the UK. (more…)
Posts Tagged ‘repossession’
13 percent drop in UK repossessions
Saturday, March 6th, 2010
FSA proposes new rules for those in mortgage arrears
Thursday, February 18th, 2010Over the past couple of years, with the credit crunch, recession, and pay freezes affecting so many households, a rising number of homeowners have fallen behind with repayments on their mortgages, and for many this has resulted in the loss of their homes through repossession. (more…)
Keeping Your Mortgage Payments Up to Date
Friday, June 12th, 2009With interest rates starting to rise, many homeowners have gotten used to low monthly payments on their mortgage. (more…)
Are you facing repossession?
Monday, December 15th, 2008If you are in danger of facing repossession at the moment then you are not alone, as there has been a sharp increase in the level of repossessions of late, with more and more homeowners losing their homes. In fact, figures have recently been released that show the level of repossessions for the third quarter of the year up to end of September increased by around 12 percent, to around 11,300. The figures have been released by the Council of Mortgage Lenders. (more…)
Repossession levels soar
Wednesday, November 19th, 2008Recently released figures have shown that repossession levels have soared recently, and that in the months to come the number of repossessions compared to last year could rise even further. Figures from the Financial Services Authority have indicated that repossession levels increased by around 71% between April and June of this year compared to the same period last year, and during this period around one hundred and twenty homeowners per day were being evicted. (more…)
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