Some 137 homes were repossessed in Bath in just nine months last year, according to figures from the Ministry of Justice. But there are hopes that the number of repossessions will fall in this year following new Government guidelines to banks.
Forty homes had mortgage possession claims issued from July-September, a rise of eight per cent on the same period the previous year. This took the figure for mortgage possession claims to 137 in nine months, a rise of 20 per cent on the previous year.
But experts say it is hard to determine the actual figure as the statistics do not take into account people who voluntarily give the keys back to lenders, or who managed to hang on to their homes.

This fact was found at: www.thisisbath.co.uk/news

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