Many people in US and UK are selling their property as they are unable to keep up with increasing mortgage costs. UK people have different psychological behavior. They are very ‘relaxed’ attitude to debt and debt repayment, since lots of them will take the matter very seriously and in the case of property ownership, they will in action to make their mortgage repayments on time. For every home which was repossessed last year at least an equal proportion were sold as owners struggled to make secured loan repayments. Main reason of house repossession is high levels of consumer debt. In general, lenders offer unsecured loans against a higher rate of interest, which borrowers find hard to afford it. But Interest rate of unsecured home improvement loan is calculated in the affordable way. So, now it has become possible to decorate the house and color it in the way you like without any fear of repossession of property with the help of unsecured home improvement loans. People are generally facing difficulties due to credit card debt, divorce, and ill health. This comes in two forms, secured and unsecured debt. Experts say that every home sold and repossession order is almost in equal ratio. Approximate 90,000 court order of possession has been filed last year and only 20% become actual repossession. Over 35,000 people have loosed their home last year. Experts says that interest rate of UK bank is increased 4 times in a year.