Repossession day in court: ten minutes with a lawyer, five before a judge | Jon Robins

Posted by & filed under Borrowing & debt, Comment, Family finances, guardian.co.uk, Housing, Law, Legal aid, Money, Open justice, Property, Repossessions, Society, UK news.

Legally-aided advice desk at Clerkenwell and Shoreditch county court is a vital service for clients who may lose their homesThere is something Dickensian about repossession day in our courts. Recently I spent a day Clerkenwell and Shoreditch county cou…

Stop House Repossession Preston, Lancashire

Posted by & filed under Repossessions, Uncategorized.

Facing House Repossession in Preston, Lancashire? Repossession SOS can help! We can move swiftly and stop your repossession within 2 hours and offer you a cash sum for your property. Talk to us, fill in the form on the right and if your houses passes we will contact you straight away.

UK’s bad bank turns good profits, but repossessions rise 10%

Posted by & filed under Banking, Bradford & Bingley, Business, Editorial, Money, Northern Rock, Repossessions, The Guardian, UK news, UKFI (UK Financial Investments).

UK Asset Resolution (UKAR), which is winding down the mortgage books of Northern Rock and Bradford & Bingley, said repossessions rose to 8,847, up 10% on 2010The “bad bank” owned by the UK taxpayer repossessed almost 9,000 homes last year, as profits s…

More must be done to help those facing house repossession

Posted by & filed under Comment, guardian.co.uk, Homelessness, Homes, Money, Mortgage arrears, Mortgages, Recession, Repossessions, Society, UK news.

Every two minutes, someone in the UK faces losing their home. Proper advice and support must be there for those who need itFather-of-three Peter Levenson is struggling desperately to hold on to his home. The former owner of a successful plumbing busine…

Mortgage arrears and repossessions set to rise

Posted by & filed under Borrowing & debt, Business, Financial Services Authority (FSA), First-time buyers, guardian.co.uk, House prices, Housing market, Money, Mortgage arrears, Mortgages, Negative equity, News, Property, Repossessions, UK news.

Council of Mortgage Lenders’ forecast for 2012 predicts a deterioration in number of borrowers behind on their mortgages, and greater pressure on household budgetsRising unemployment and increased pressure on household budgets will lead to more borrowe…

Home repossessions fall, but UK faces ‘arrears timebomb’

Posted by & filed under Borrowing & debt, Business, guardian.co.uk, Housing market, Money, Mortgage arrears, Mortgages, News, Property, Repossessions, UK news.

Mortgage experts warn of lenders losing patience and threat of an interest rate increaseThe number of homes being repossessed fell by 1% in the second quarter of the year to 9,000, compared with 9,100 in the first three months of 2011, according to the…

Repossession capital of England still trying to build its way out of trouble

Posted by & filed under Borrowing & debt, Business, Communities, Features, Housing, Housing market, Money, Property, Repossessions, Social exclusion, Society, The Observer.

Leaders of the former steelworking town of Corby hope it can build its way to prosperity, but many who moved there are trapped in negative equity”You could own this home for as little as £451 a month,” yells the advert for a four-bedroom townhouse set…

Bank chief warns of wave of home repossessions if rates rise

Posted by & filed under Borrowing & debt, Business, Economics, Housing market, Interest rates, Money, Mortgage arrears, Mortgages, News, Property, Repossessions, The Guardian.

UKAR chief presiding over £80bn of bailed-out mortgages says ‘tough love’ would be fairer on those struggling with paymentsBritain is facing a ‘tsunami’ of house repossessions as soon as interest rates start to rise, one of the country’s leading banke…