15 May 2009 Archive
Are mortgage rescue schemes just delaying repossession inevitability?
Forecasts for repossessions are falling, but uncertainty remains over whether government initiatives and lenders pledging to delay repossession action are just putting off the inevitable for many borrowers. |
Repossessions up, but is the worst over? - 15/05/2009 14:27
Repossessions in the first three months of the year were up by 50 per cent - but there is hope the levels will drop. |
Repossessions rise 50%
The number of homes repossessed in the last year rose by 50 per cent. |
Buy-to-let arrears up 70% and repossessions up 88%
The number of buy-to-let mortgages in arrears rose by 70 per cent in the last year, while the number of repossessions increased by 88 per cent. |
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