The nationalisation of Northern Rock is seen as one of the main catalysts of the current financial crisis that grips the UK. The ability of Northern Rock bankers to stop repossessions in 2008 will become increasingly difficult.
A report in The Telegraph revealed the Government's private fears about the housing market - as more homeowners could be forced into sell house rent back schemes.
The issue of how to stop repossessions is likely to be important in 2008, especially in light of the Liberal Democrats predicting that 60,000 homeowners face a real threat of repossession.
The smoking ban was roundly well greeted but one couple are not so pleased as the smoking ban has stopped them selling their home. Many homeowners are struggling to stop repossessions during the property slump.
