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  • Rise in homes repossessed by lenders

    Rise in homes repossessed by lenders


    ------> http://www.bbc.co.uk/news/business-22463600
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  • #2
    Re: Rise in homes repossessed by lenders

    I think a lot of the repossessions are from people who lose their jobs and have to make up the shortfall from their jsa, i know of a couple personally who had their home taken because they couldn't afford to pay the shortfall of the interest even after the 3.36% SMI help, out of £111.45 a week they had to find £40 a week to make up the difference and it was a toss up of eating and staying warm or paying the interest . Very sad times
    _______________________________________



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    • #3
      Re: Rise in homes repossessed by lenders

      I've moved this thread to Latest News, Headline as its better in on this thread than Alternative News (i set up Alternative News that is really for something alternative something away from Debt/ everyday Banking problems ie something light hearten 'alternative' hopefully where it can lift a smile)
      I'm an official AAD Moderator and also a volunteer, here to help make the forum run smoothly. Any views or opinions are mine and not the official line of AAD. Similarly, any advice I have offered you is done so on an informal basis, without prejudice or liability. If in doubt seek advice from a qualified insured professional - Find a Solicitor or go to the National Probono Centre.

      If you spot an abusive or libellous post then please report it by Clicking Here. If you need to contact me, for instance if I've issued you a warning, moved, edited or deleted your post, please send me a message by clicking my username.

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