Business is booming in the repo sector, with new figures showing that home repossession orders increased by a fifth in the first quarter of the year (compared to the same period in 2007). They're also up 9% on the previous quarter. The figures come courtesy of the Ministry of Justice, and they'll be received with much interest, as the first clue to how over-stretched homeowners are coping with the downturn.

Technorati Tags: property, real estate