Saturday, August 16, 2008
But I thought house prices were going to go up!!
''...REPOSSESSION demands are soaring as home owners fail to pay their loans, figures show. The number at risk of losing their homes has risen by nearly a quarter in the past year. A total of 28,658 mortgage possession orders were made in England and Wales from April to June, up four per cent on the previous quarter – and 24 per cent more than for the second quarter of last year, said the Ministry of Justice...''