Lenders get tough on mortgage defaulters | This is Money
Lenders are stepping up their efforts to pursue borrowers in arrears, according to courtroom statistics and anecdotal reports from lawyers.
Some lawyers even claim they are seeing a return to the harsher debt collection practices used before the credit crunch.
From early 2009, the Government leant heavily on lenders to hold back from repossessing homes or taking draconian action.
Repossessions in 2009 and 2010 were lower than predicted and lenders allowed arrears to build.
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