More Set to Lose Homes As the Crunch Takes Heavy Toll ; Repossessions

Birmingham Post › April 28, 2008

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Summary

Home repossessions will soar by almost a quarter this year as the credit crunch bites, a leading economic consultant warned today.

Around 33,400 people could lose their homes during 2008 - 23 per cent ahead of last year - the Centre for Economics and Business Research (CEBR) said.

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More Set to Lose Homes As the Crunch Takes Heavy Toll ; Repossessions

Mortgage deals are also set to remain expensive despite cuts in official interest ra...

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