Friday, Aug 15, 2008
Mortgage possession claims grew by 17% in the first three months of 2008
BBC: Repossession orders climb by 24%
The number of homeowners in England and Wales facing repossession after falling behind on their mortgages has risen. The Ministry of Justice said 28,658 orders were made by the courts in England and Wales in the second quarter of 2008. That was up 24% on the same period in 2007 and 4% higher than the first quarter of 2008. The figures come a week after lenders' data for actual repossessions across the UK also showed a leap in numbers.
Posted by jack c @ 10:36 AM (210 views) Add Comment
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