http://www.sky.com/skynews/xml/artic...0,00.html?f=mf
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According to the latest figures from trade association the Council of Mortgage Lenders (CML), mortgage repossessions rose by seven-tenths (70%) last year.
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You've never had it so good.
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At first glance, this appears to be shocking news, but the reality is far less worrying. That's because repossessions hit a 23-year low in 2004, and so the increase, although large in percentage terms, is still low in absolute terms.
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Oh that's alright then, until you scroll down and see the amount of debt we now have.