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Mortgage Struggles: One Saved, One Facing Repossession

11/19/2025

41 7 Full Breakdown

Summary

Story summary

Henry Sabati McRae has £13,000 in mortgage arrears but has avoided repossession by renegotiating his payments.
Jose Da Costa Diogo, 65, is set to lose his home in Thetford due to an £80,000 debt from an interest-only mortgage, after his ex-wife left and prevented selling the property.
UK Finance's Karina Hutchins says repossession is a last resort for lenders, and current levels remain historically low.

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Story summary

Henry Sabati McRae has £13,000 in mortgage arrears but has avoided repossession by renegotiating his payments.
Jose Da Costa Diogo, 65, is set to lose his home in Thetford due to an £80,000 debt from an interest-only mortgage, after his ex-wife left and prevented selling the property.
UK Finance's Karina Hutchins says repossession is a last resort for lenders, and current levels remain historically low.