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`Upsurge` in homeowners struggling to service mortgage debt

24/12/2009

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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Debt Advisers Direct offer free debt advice and a range of debt solutions, including debt management plans, debt consolidation loans and IVAs (Individual Voluntary Arrangements).

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