Miss 2 mortgage payments and you're out! (this is in the UK)

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11 Nov 2008 00:00 by Marksfish Star rating in Vera, Almeria. 2573 posts Send private message

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My Wife got sent a link today about an article in the Financial Times. The link regards a UK lender taking a property without a court order and after only 2 payments were missed. Although it was a buy to let property, the precedent has now been set and it could also apply to owner occupier properties. More details on the FT website.

Mark





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