An article in the Independent today highlights a significant increase in the repossession of houses by financial institutions.
http://www.unison.ie/irish_independent/stories.php3?ca=9&si=1783214&issue_id=15301
Is the standard "Your home is at risk" small print warning sufficient to make borrowers aware that they can actually lose their home if they do not keep up payments?
Is there a general impression amongst Irish borrowers that financial institutions in Ireland don't repossess homes?
No discussion about house prices please.
http://www.unison.ie/irish_independent/stories.php3?ca=9&si=1783214&issue_id=15301
EVIDENCE is emerging of a significant increase in the repossession of houses by financial institutions as owners struggle to meet their mortgage repayments and are finding it difficult to sell their houses at realistic prices.
Is the standard "Your home is at risk" small print warning sufficient to make borrowers aware that they can actually lose their home if they do not keep up payments?
Is there a general impression amongst Irish borrowers that financial institutions in Ireland don't repossess homes?
No discussion about house prices please.