17,000 homes were repossessed last year, the highest number for five years, with further rises predicted for the coming year by the Council of Mortgage Lenders.
A rise in repossessions means that one group of people will be kept busy bailiffs so what can you do to stop the bailiffs coming to your house?

With recent interest rate rises three in the past six months are more planned more people are beginning to struggle to meet mortgage payments and, in the worst cases, battling against repossession.
With 10,000 people going insolvent every month, and according to Recent data from the Council of Mortgage Lenders (CML), 17,000 homes were repossessed in 2006, […]

Of all the problems involved in separation and divorce, sorting out what to do with the matrimonial home can cause the most anxiety, as the family home normally represents the largest asset a couple own.
More than 150,000 marriages in the UK end in divorce every year, and Norwich Union believes that up to 35% of […]

Buying a house, along with divorce and the death of a loved one, is one of the most stressful experiences life can throw at us. When a buyer wants to sell their property it can result in a number of properties being dependant on one another. If one sale falls through, it can scupper the […]

A recent Times column by Stephen Gerlis, a District Judge at Barnet County Court, looks at the risks people in debt face, and the powers that creditors and courts have to take steps to recover that debt.
With 10,000 people going insolvent every month, a 65% rise in mortgage repossessions, and the UK’s population in a […]

According to figures from the Council of Mortgage Lenders (CML), the number of properties repossessed by lenders rose by 9% in the second half of 2006.
In total, 17,000 homes were repossessed in 2006, the highest number for six years. In the second half of the year, 8,860 were taken back by lenders, up from 8,140 […]

With the recent interest rate rise, and credit card bills from Christmas arriving through people’s letterboxes, the first few months of the year often see a hangover from Christmas spending, mortgage repayments are expected to suffer the most.
Research shows that more than 430,000 personal loans will be taken out by the end of March to […]