Lenders secure consumer debt against property

		Finance & Money Forums > Finance > Property
Lenders secure consumer debt against property

Today's Posts

Mark Forums Read

Property Property forums, including investing in property, home or overseas, for rental income and long term asset growth.

Thread Tools

#1 (permalink)

04-26-2008, 01:34 AM

Finance News Finance News is offline

Senior Member

Join Date: Sep 2007

Posts: 1,244

Lenders secure consumer debt against property

Cash-strapped banks are increasingly acting to secure personal loans and credit card debt against property. According to the Ministry of Justice, court orders made in this respect rose to 131,644 in 2007, up 42% on 2006. Charging orders work in the same way as a second mortgage on a property, and can provide a guarantee to [...]

More: Lenders secure consumer debt against property

« Lenders demand rise in Income Support for Mortgage Interest | House prices register monthly fall of 0.9% »

Thread Tools
Show Printable Version Email this Page

Posting Rules
You may not post new threads You may not post replies You may not post attachments You may not edit your posts vB code is On Smilies are On [IMG] code is On HTML code is Off Trackbacks are On Pingbacks are On Refbacks are Off

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
Belgium focused Mortgage lenders Specialist Property Lenders	belgium	Mortgages	0	10-06-2007 01:18 PM
University of Michigan's Consumer Satisfaction Index	Finance Admin	Investing	1	03-27-2006 03:58 PM

All times are GMT +1. The time now is 02:12 AM.