Alistair Darling to Stop Rent Back Evictions

The Office of Fair Trading estimated in its recent report into the sector that some 50,000 sale-and-rent-back transactions had taken place.

Sub Prime Lender Kensington Pulls No Punches in Home Repossessions

In the last few weeks we have had numerous calls from desperate homeowners who have gone to court to try and make an arrangement to pay off their mortgage arrears and ask the judge to suspend a possession order.

All of these callers have said the same thing.
The Judge asked the lender’s solicitors to speak to [...]

Citizens Advice Bureau Claims Repossessions Lender’s Fault But Is CAB To Blame Too?

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 [...]

Divorce & Repossession – How it Can Affect You

This week we had a call from a concerned mother in Nottinghamshire regarding her daughter.
Married with 2 children, the daughter’s husband had not only moved out of their home but had also stopped paying their mortgage payments for over three months, which triggered the inevitable repossession threat and legal letters from their mortgage lender.
The daughter, [...]

David Cameron Asks Mortgage Lenders Not to Repossess

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 [...]

Repossessions Up 70%, But News Gets Worse For Owners After Repossession

Not only are we seeing a rise in repossessions this year, unprecedented since the ealry 1990s, but unlike the last repossession wave, many lenders are themselves now in financial trouble.
What does this have to do with those facing repossession?
Well, the answer is that not only are lenders pursuing repossession of those with mortgage arrears with [...]

Welcome to Stop Repossessions Org UK Official Blog

We at Stop Repossessions Org UK have decided to start this blog in order to document some of the hundreds of home repossession cases we are involved in over any given period of time.
Obviously, those we help need to remain anonymous but all the situations are real and current. Every UK Repossession is unique, everyone’s [...]