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Repossession Stories Making the News

UK repossessions lowest since 2007, says CML - BBC News


BBC News
UK repossessions lowest since 2007, says CML
BBC News
A total of 36200 UK homes were repossessed in 2011 - the lowest annual total since 2007, mortgage lenders have said. The annual total proved to be lower than the Council of Mortgage Lenders' original forecast of 40000. Low levels of interest and ...
UK home repossessions fall to four-year low, says CMLThe Guardian
UK home repossessions set to rise in 2012 -CMLReuters
UK property repossessions decreased in 2011, the latest figures showProperty Wire
The Independent -WalesOnline
all 82 news articles »

Jobseeker facing repossession of her home offers herself for sale on eBay in ... - Daily Mail


Daily Mail
Jobseeker facing repossession of her home offers herself for sale on eBay in ...
Daily Mail
By Sadie Whitelocks Deborah Bowen, 38, has found it difficult to find steady employment since she was made redundant from a £33000 per year sales role two years ago. Despite sending out her CV to hundreds of recruiters she has only managed to secure ...
Indebted woman sells herself on eBayDebt Management Today

all 9 news articles »

Home buyers saddled with debt as repossessions continue - Royal Gazette


Home buyers saddled with debt as repossessions continue
Royal Gazette
By Jonathan Bell House repossessions are leaving consumers saddled with debts they cannot repay, according to a lawyer who has called for the Bermuda Monetary Authority to help out. With bailiffs reportedly kept busy carrying out repossession orders, ...

Repossession threat stays at high level - This is Somerset


Repossession threat stays at high level
This is Somerset
Total claims in England and Wales fell three per cent last year to 73182 and Housing Minister Grant Shapps said people in difficulties should seek help. "Repossession should only ever be the last resort. No one in financial difficulty should be ...

Launch of £20m fund to prevent repossessions - Home Move


Home Move
Launch of £20m fund to prevent repossessions
Home Move
According to Housing Minister, Grant Shapps, the Preventing Repossessions Fund gives councils in England the opportunity to offer interest-free loans of less than £5000, or grants to help ease debt pressures, giving households a breathing space to get ...
UK Announces £20 Million Fund to Help Prevent RepossessionsRealtyBizNews
Government launches more help for struggling home ownersChoices (blog)

all 7 news articles »

Govt announces repossession safety net - Stop-Repossessions.co.uk


Think Money
Govt announces repossession safety net
Stop-Repossessions.co.uk
By Karen Eliot The government has announced a new safety net aimed at curbing the amount of properties forced into repossession in the UK. Housing minister Grant Shapps revealed the Preventing Repossession Fund will be armed with £20 million to offer ...
£20m For Safety Net Against RpossessionBuild.co.uk
Shapps makes statement on Housing FundingDeHavilland (press release) (subscription)
'Second-charge' repossessions down in 2011Think Money

all 8 news articles »

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