Monday, Aug 13, 2007
have repos
Firstrung: Repossession valuations up 62% year on year - e-surv
e.surv has revealed a significant rise in the request for repossession valuations during the last 12 months, with requests for 'post possession' valuations from lenders up 62% in July 2007 compared to July 2006... Richard Sexton, director of business development at e.surv: "This is a large rise, albeit from relatively low numbers. At present, we do not believe this will be a return to the early 90's and indeed with arrears beginning to fall, we may already have hit a peak.
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