Homeowner Mortgage Support Scheme: the criteria

11 December 2008
The Homeowner Mortgage Support Scheme, which could let households defer some of the interest payments on their mortgage by up to two years, will not help everyone having problems paying their mortgage.... read more »

Homeowner Mortgage Support Scheme

9 December 2008
In the face of rising unemployment, the Government has announced the ‘Homeowner Mortgage Support Scheme’ to give homeowners in financial trouble some breathing space.... read more »

Mortgage providers agree to delay repossessions

26 November 2008
Mortgage providers have agreed to wait three months before they start repossession proceedings against homeowners who fall into arrears on their mortgages.... read more »

Mortgage possession orders up 24% in year

25 November 2008
Ministry of Justice figures show that mortgage possession orders – made by judges in the county courts – were up by 24% in the third quarter of 2008, compared with the same period last year.... read more »

Repossession figures `sensationalised`

3 November 2008
Figures pertaining to the repossession rate of UK properties have been sensationalised, it has been claimed.... read more »

Landlords `may struggle with mortgages as unemployment rises`

4 November 2008
If the number of people losing their jobs continues to rise in the UK, buy-to-let landlords could experience increasing problems in terms of tenants not paying their rent, it has been suggested.... read more »

Bank says repossession is "last resort"

24 October 2008
Abbey has said that in instances when its customers enter into arrears with their mortgages, it views repossession of their homes as a "last resort".... read more »

Council of Mortgage Lenders: repossession already the last resort

23 October 2008
Mortgage providers are already required to seek possession only as a last resort, the Council of Mortgage Lenders (CML) reminded people yesterday.... read more »

Banks told home repossessions should be "a last resort"

20 October 2008
UK treasury minister Yvette Cooper has suggested that banks and other mortgage lenders should not repossess houses unless they have explored all the other options first.... read more »

CML: Over 98% of borrowers pay mortgages in full, on time

21 October 2008
The Council of Mortgage Lenders foresees no increase in the number of repossessions to take place this year – a number it still estimates at 45,000.... read more »

Mortgages: One house repossessed every 10 minutes

26 January 2009
New figures have shown that one house was repossessed every 10 minutes in the third quarter of 2008, as increasing numbers of homeowners struggled with mortgage arrears.... read more »

Mortgage lenders: can we avoid 75,000 repossessions?

12 February 2009
The latest ‘news & views’ newsletter from the Council of Mortgage Lenders (CML) asks the question: Can we avoid 75,000 possessions in 2009?... read more »

Debt advice helping reduce repossessions

12 February 2009
The latest issue of ‘news and views’, the Council of Mortgage Lenders’ newsletter, confirms that action taken by borrowers – such as seeking debt advice – is helping reduce the number of repossessions.... read more »

Mortgage repossession

18 May 2009
If you`re worried about mortgage repossession, you`re not on your own. In 2009, the Council of Mortgage Lenders (CML) expects around 75,000 properties (representing around 0.66% of all mortgages) to be repossessed.... read more »

`More optimistic` figures from the Council of Mortgage Lenders

1 June 2009
New figures from the Council of Mortgage Lenders (CML) indicate that the housing market might not be quite as bleak as expected, in terms of repossessions.... read more »

Will I lose my home in an IVA?

16 June 2009
If your debts have become unmanageable, an IVA (Individual Voluntary Arrangement) could help you to avoid bankruptcy and repay as much of your debt as you can afford.... read more »

Can debt management stop repossession?

21 July 2009
Debt can be a worry for most people, but if you`re a homeowner in debt, you might be more worried about your debt problems than most.... read more »

1 in 1,000 mortgaged homes repossessed in Q2 2009

20 August 2009
According to figures from the Council of Mortgage Lenders (CML), around 1 in 1,000 mortgaged homes were repossessed in the second three-month period of 2009, The Financial Times reports.... read more »

Government site helps with mortgage debt

11 September 2009
The Government has launched a new website aimed at helping people who are struggling with mortgage debt and facing repossession.... read more »

Fewer mortgages in arrears reduces repossessions forecast

12 November 2009
The Council of Mortgage Lenders (CML) has reduced its forecast for the number of repossessions in 2009 for the second time this year.... read more »