Britons are mortgaged to the hilt

Spiralling levels of debt threaten to ruin tens of thousands of families, shocking figures have revealed.

Repossessions, mortgage arrears and bankruptcies have all rocketed over the last year.

The number who risk losing their home has returned to levels not seen since the dark days of the early 1990s.

And experts predict that a record 100,000 people, possibly even more, could be made insolvent this year. In the first six months, one person was made insolvent every minute by the courts in England and Wales.

Britons are mortgaged to the hilt | the Daily Mail

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