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  • Feb
    22

    Home repossessions hit 14-year high according to the BBC

    Filed under: Fast House Sale;

    46,000 homes were repossessed in 2009 and John Healey, Housing Minister, believes this make be the ‘best’ option for some home owners. I suspect very few of the 46,000 families that were traumatised by the repossession are happy with the actions taken by their lender (bank or building society).

    I am going to make a bold prediction that 2009 will be the peak year for repossessions over the next decade.

    The full article is available at BBC News – Home repossessions hit 14-year high.

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