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Repossessions 17% lower in first quarter of 2013 than 2012 reports CML

Hi

Interesting read

A glimmer of light on the repossessions front maybe according to the Council of Mortgage Lenders

http://www.cml.org.uk/cml/media/press/3516

Comments

  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Hi

    Interesting read

    A glimmer of light on the repossessions front maybe according to the Council of Mortgage Lenders

    What's the figure for voluntary repossessions or in instances where people request forbearance to allow time to sell a property?
  • Depth_Charge
    Depth_Charge Posts: 970 Forumite
    500 Posts
    Thrugelmir wrote: »
    What's the figure for voluntary repossessions or in instances where people request forbearance to allow time to sell a property?

    Hi

    Very good questions.

    I dont know the answers to be frank and honest.

    It would be interesting to know the figures as they could be the hidden stats that may paint an altogether different picture.

    I like how you have worded the request of forbearance as it is not always easy to get lenders to agree to this even where equity is concerned espcially if possession proceedings have started.
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