The BBC today announced that they have found in a recent survey that nearly half of all repossessions come from the sub-prime mortgage market. Many people who have debt issues have mortgages with sub-prime lenders. The sub-prime mortgage market makes up around 6% of total mortgage lending, according to the BBC Web site. Sub-prime mortgage [...]

A more constructive approach to repossession from high street banks will make a significant difference as the country begins to look ahead to a very tough 2009. A longstanding commentator on payment protection insurance (PPI), Sara-Ann Burgess, director at specialist firm Burgesses, said she was delighted to see Royal Bank of Scotland (RBS) extend the [...]

Sara-Ann Burgess, MD Burgesses Homeowners facing repossession could be chased for any outstanding arrears for up to six years after their properties have been sold, warns Payment Protection Insurance lobbyist Sara-Ann Burgess.

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