Home repossessions rise as credit crunch bites

Article Date : 21 November 2008
News Section: United Kingdom

LONDON (Reuters) - Lenders took possession of 11,300 homes in the third quarter, up from 10,100 in the second despite government efforts to make home repossessions a last resort, the Council of Mortgage lenders said on Friday...

Like this? Then share with your friends and colleagues!

Article provided by Reuters.
Read the full article here: http://feeds.reuters.com/~r/reuters/UKPersonalFinanceNews/~3/5ktLQHziEDQ/idUKLNE4AK02T20081121

DISCLAIMER: The opinions expressed here are the views of the author of this news item and do not necessarily reflect the views and opinions of Propertyshowrooms.com.