The coucil of mortgage lenders said UK home repossessions last year hit their highest level since 1999 and are likely to increase.
More than 27,000 homes were repossessed in 2007 and it is forecast to rise to 45,000 in 2008.
With talk that the trend of repossessions rising significantly financial pressure on home owners is increasing and more people are desperately trying to avoid repossession
The number of mortgages 3 months or more in arrears has risen to 129,800 and those in more serious 6 months category has reached 56,800.
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