'I worked, I paid taxes - then the bank took my home'
Published: 11/19/2025

As mortgage repossessions rise, a man shares his struggle after an interest-only mortgage leaves him unable to pay £80,000. Cases like his have doubled, impacting council resources and driving homelessness. Lenders urge early contact for support, offering solutions like reduced payments and budgeting tools. While some have managed to stave off repossession, many face challenges amid financial difficulties.



