Mortgages: A Fact of Life

Most of the work at home professionals I know started their home based businesses after falling behind on their bills. Most people panic when they start falling behind on their mortgage. This is not an uncommon problem. That is why I have started to blog about managing finances and passing on resources.

Alex MacDermott, of Citizens Advice, told BBC Radio 4''s Today programme: "We have seen a big rise in people coming to see us with problems in paying their gas, electricity, water and council tax, but the most worrying statistic is the 35 per cent rise in people who are having problems with their mortgages." Source: Money Majic http://www.earth.co.uk/apply-now.html

Citizens Advice Bureau saw 215,000 more clients in January and February than they did last year. I remember reporting on the news last year where the papers reported that 30 000 people couldn't pay their mortgage. Organizations like Citizens Advice warned us to visit free quote sites and learn of the different types of Mortgages. It takes nothing to fill in a form and contact a site such as earth.co.uk where I found this news article, but it could save your house.