After a relatively quiet January, since the beginning of this month we have been inundated with requests for help from families all over the UK asking for help to stop repossession. Following on from the previous postings here, the trend is alarmingly similar. Loan companies (and mortgage lenders to a lesser degree) seem to be repeatedly overvaluing properties for remortgage or consolidating loans. As the last mortgage interest rate has kicked in, many people are finding that they are missing their monthly payments, and as a result receiving the dreaded letters for threat of eviction due to repossession.
In some cases, even when the family involved realises that they must sell their house to stop repossession taking place, there is so little equity left in the pr View the rest of this article
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