Posted on February 21, 2008 by repossessions
In order to help other home owners who are facing repossession, we are going to start posting actual cases.
These will be based on situations faced by people who have contacted us but of course, names and identifying information will remain hidden.
Case #1
Mrs. B
Location: Wakefield
Value of Home: approx ￡500,000
Total Mortgage: ￡108,000
Lender: Kensington
Second Charge: None
Loan Arrears: [...]
Filed under: Form n244, Kensington, cash property buyers, debt advice, homeless, mortgage arrears, repossession, sub prime, sub prime lenders | Tagged: baillifs warrant, county court, eviction, Kensington, mortgage arrears, n244, repossession | 1 Comment »
Posted on December 14, 2007 by repossessions
Reuters reported a couple of days ago that the Citizens Advice Bureau are claiming that UK home repossessions are dramatically rising due to the lender’s aggressive arrears recovery policies and brokers’ misselling.
Whilst both of these statements are undoubtedly true, and we have accused lenders of such practices on this very blog, the Citizens Advice [...]
Filed under: citizens advice bureau, debt advice, repossession, sub prime lenders, uk interest rates, uk remortgage | Tagged: , citizens advice bureau, eviction, reposesion, reposession, repossesion, repossession, sell and rent back | 1 Comment »
