Friday, 8 August 2008
UK home repossession rises 41% in 6 months
Wow. The BBC reports that home repossession has risen 41% in the first six months of 2008 to 18,900 with estimated year end repossessions hitting 45,000. That's several hundred percent. I've seen a few repossessions going down on the estates over the last couple of months, that is some serious, serious stress. Nobody needs that.