Everyone dreams of owning their own home but that dream can turn into a nightmare often through no fault of your own. Redundancy, divorce, illness and credit problems can create a situation where youre not able to make your monthly mortgage payments.
Ivas Set To Soar
House prices, the cost of borrowing, inflation and the cost of living are all predicted to rise over the next three years. However, some are finding that their wages do not reflect these changes and are entering a spiral of debt that eventually leads to an Individual Voluntary Agreement (IVA).
How To Find The Best Repossession Companies For The Best Eviction Advice.
There are around 100,000 mortgage possession actions instigated by banks and other lenders every year, many of which could have been stopped by prompt action, such as arranging a new mortgage with a repossession company.
Average Spending Leaves No Cash For Pension Saving
Despite a slight fall in High Street spending, consumers are battling against increasing interest rates, inflation, house prices, utility bills which means that little or no funds are available to set aside for the future.