Mortgage misery: The homeowners facing repossession

Mortgage misery: The homeowners facing repossession
 

He used to be a London cabbie, while she ran a shop.
But ten years after they took out a mortgage, Peter and Lisa King are now in debt by £500,000, and are due to have their home in Essex repossessed.
They fell behind with their repayments after chronic illness struck the household.
At one stage the stress drove Mr King to attempt suicide.
"The worst bit is not knowing your future; not knowing from one day to the next where you're going to live; how you're going to survive; how you're going to care for your family," says Mrs King.
"It's hard to not know, one day to the next,... read more

 
20 July 2018 in Business, Views: 57
Source: BBC
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