Small debt puts UK homeowners at risk

Mon 26 Aug 2013 11:31 AM
Lenders in the UK could have access to formerly untouchable assets, after new laws could force homeowners with small-scale debt to sell their properties. Previously unsecured debts could now be secured against homeowners' properties, with a threshold as low as GBP1,000, having previously been GBP25,000.

(RussiaToday YouTube channel)