Repossessions

The warnings have been coming from inoformed sources for over a year now.people being given large mortgages with minimal checks is asking for trouble.As a previous poster stated to many people want it all today on plastic fantastic.The have now pay later society is coming to an end,i feel sorry for anyone who loses their home,the majority of the blame lies with the cash heavy lenders.Todays news made a big story out of the fact that savings have hit £1 trillion,sounds good? except debt through mortgages,loans,credit cards is £1.4 trillion and rising.There are some nasty times ahead for a lot of people.

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