The number of home reposessions could soar even further within the next few months as more Brits struggle to make ends meet when it comes to paying off their mortgages.
With the number of Brits who are unemployed rocketing, people are expected to suffer from severe debt problems as they struggle to meet their repayments from just the job seekers allowance.
According to Government data, figures from June revealed the biggest quaterly fall in the number of people in work since records began in 1971.
Figures fell by 272,000 in the three months to June which have left economics to believe that that figures will continue to increase past the 3 1/4 million mark.
Graduates will also be unable to start their student loan repayments as they struggle to find a well paid job.
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