Posted on March 23, 2008 by repossessions
Maybe the Government, along with the usual middle class do gooders at the Citizens Advice Bureau (CAB) and Shelter actually want you to be repossessed and lose your home? Surely, that can’t be right?
Filed under: Kensington, cash property buyers, citizens advice bureau, debt advice, homeless, housing market crash, mortgage approvals, mortgage arrears, negative equity, recession, repossession, sell and rent back, sub prime, sub prime lenders, uk house prices, uk interest rates, uk remortgage | Tagged: CAB, CML, lease back, OFT, rent back, sell and rent back, SHelter | 2 Comments »
Posted on December 13, 2007 by repossessions
The Council of Mortgage Lenders has said that according to the information collected from their members that this December shows a fall in house prices in real terms, unprecedented since the early 1990s.
This is further bad news for those facing repossession.
Not only are the rises in inter bank lending interest rates causing problems for those [...]
Filed under: negative equity, repossession, sub prime lenders, uk house prices, uk interest rates, uk remortgage | Tagged: 100% mortgage, CML, house prices, negative equity, remortgage, repossession | 1 Comment »
Posted on December 11, 2007 by repossessions
From BBC 11/12/2007
“Many experts are predicting that the housing market will slow
Home loans became even more expensive to re-pay in October because of higher interest rates and rising house prices, the Council of Mortgage Lenders said.
The CML said that interest repayments swallowed up 20.6% of first-time buyers’ monthly incomes.
That was up from 20.4% in September [...]
Filed under: Land Registry, mortgage approvals, repossession, sub prime lenders, uk house prices, uk interest rates, uk remortgage | Tagged: CML, David Cameron, house prices, mortgage lenders, reposesion, repossession | Leave a Comment »
