`Upsurge` in homeowners struggling to service mortgage debt

December 18th, 2009 Leave a comment Go to comments

According to the Housing Advice Service at Preston Council, there has been an `upsurge` in the number of Lancashire homeowners struggling to service their mortgage debt in the run-up to Christmas, lep.co.uk reports. The Service opened 155 new cases in November – all of which were for people needing help with housing. Six of those who contacted the Service within the space of a few days were owner-occupiers struggling with their mortgage debts – `unusual` for this time of year, according to housing bosses. Senior Housing Advisory Officer at the Housing Advice Service, John Cameron, said that the recession `could be partly to blame`, but it could still take time before we see the `real impact` on homeowners. A spokesperson for Debt Advisers Direct commented: “We would advise anyone struggling to afford their payments towards their mortgage debt to contact their mortgage provider and/or a professional debt adviser without delay.”

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