CoffeeBrew
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what makes you so sure it's not on the way?Duplex said:Move along now folks, no bubble here.
The number of properties taken into possession by mortgage lenders in the first half of 2005 was 4,640, a rise of 51.1% since the second half of 2004, and 46.8% higher than the first half of 2004. The number of possessions is still much lower than the peak seen in the early 1990s.
Duplex said:Move along now folks, no bubble here
Bacchus said:what makes you so sure it's not on the way?
Duplex said:
I was attempting to be ironic.
I didn't think this was possible - the whole point of the bank taking out a mortgage is so you can't sell the house from under them!Marie said:husband had defaulted on repayments, subsequently sold the house on leaving the bank with a debt
- Reduced income (e.g. loss of overtime or bonuses): 26%
- Financial mismanagement: 25%
- Redundancy and unemployment: 14%
- Accident, sickness or injury: 12%
- Relationship breakdown: 7%
- Over-indebtedness: 5%
- Others: 11%
Glenbhoy said:as my legal friends here tell me that it's virtually impossible to evict a family from their home over here.
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