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Home repossessions set to surge tenfold next year as support schemes dry up By Fiona Parker For The Daily Mail Published: 22:01 GMT, 19 January 2021 | Updated: 22:01 GMT, 19 January 2021 Home repossessions may surge tenfold in 2022, banking body UK Finance warns. Millions of borrowers have struggled to pay their mortgages in … Read more
Drivers who fall behind on car finance payments can have their vehicles repossessed by lenders from February as FCA ban ends Repossession ban has been in place during the pandemic to protect consumers Exceptional financial hardship caused by Covid-19 has seen repossessions on homes, cars and other products restricted FCA has proposed for motor repossessions to … Read more
MPs call on lenders to halt all repossessions against mortgage prisoners until help arrives By Will Kirkman For Thisismoney.co.uk Published: 18:26 GMT, 9 March 2020 | Updated: 18:26 GMT, 9 March 2020 MPs have called on firms to cease all repossession proceedings against mortgage prisoners until a working group is established to help them. Members … Read more