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Davis Coleman Ltd offer to help bring the Government & the Council of Mortgage Lenders more sensible approach by visiting those whose property is under threat of repossession.
The Government and Council of Mortgage lenders are worried about the increasing level of house repossession. Chief Secretary to the Treasury Yvette Cooper, when speaking to Sky News on 20th October advised that she wanted a "more responsible" approach to repossessions and the banks should adopt a more lenient approach. Ms Cooper said she wanted a "more responsible" approach to repossessions and the banks should adopt a more lenient approach.
She told Sky News there were other things a bank could do.
"For example working with lenders to re-profile the payments, or maybe give people a repayment holiday so they are just paying interest, or other kinds of mortgage rescue schemes where maybe a share of the home is bought back by the bank or a housing association too.
"So there are a lot of things we can do to keep people in their homes when they are under pressure.
"Some banks are doing that... but also I'm worried about some of the anecdotal reports we have had where this is not happening.
"That's why what we want to do is look at stronger rules across the board, that all the banks will follow, to make sure we are doing everything we can to support people through a difficult time."
At Davis Coleman we have years of experience of helping with the communications between lenders and those in trouble with their repayments which can often hep in avoding the repossession. We do not offer funding we open the door for communication which might otherwise be closed.
Email us on: head.office@daviscoleman.com Credit Services Association British Franchise Association