Did you catch any of the BBC Radio 4 show: Repossessions in the Sun? It was a sad tale of expats that headed abroad to find their dream home only to lose it through missed payments or (more often than not) ill thought-out purchase decisions.
One lady had owned a home in the Canary Islands but came back to England still owing a hefty mortgage on it, like many home-owners in the UK at the moment: she doesn’t like opening her post. These repossession cases are quite often down to poor advice or no advice rather than falling behind on payments and as a legal representative said: “They see the sun, they get some sangria in them, and a lot of them don’t use lawyers.”
Tags: avoid repossession, house repossession, repossession, repossession order, stop repossession