A new strategy to aid homeowners who fall behind with their mortgages has been urged as UK repossessions reach their highest level for eight years.The amount of people whose homes were repossessed last year in the UK rose by 21%.
Housing charity Shelter wants ministers to look at an arrears "protocol" to encourage communication and examine alternatives to help home owners to avoid repossession.
This protocol would encourage more initial contact between the lender and the borrower in order to try and avoid repossession of homes where possible.
