Moneyexpert.com's research revealed that more 900,000 homeowners have missed one at least in their mortgage repayment in the past two quarter which have is 95 percent more than last year's. MoneyExpert.com director Sean Gardner says that missing a mortgage payment is serious and clear signal of breaking points of finances. Experts say that the sudden increase in missed mortgage repayments will make a minimum of 75,000 home repossessions over the next year too short as expected by the Council of Mortgage Lenders
Financial strain will be all over this year, huge unemployment figures rates just like what happened Sept-Nov. last where from 131,000 up to 1.92 million jobless fellow.
Link: One in 12 homeowners miss mortgage repayments
