Home repossession pain
Posted by Philip Dunne, MP for Ludlow, at 15:42, Wed 17 February 2010:
Last week showed home repossessions in 2009 reach a fourteen year high, with 46,000 households having their homes repossessed.
While there was a small drop in the number in the last quarter, these figures paint a worrying picture, not least since over 250,000 further households were more than three months in arrears with their mortgage payments, almost 20% higher than a year earlier.
The Government’s various mortgage support schemes are not working. Overlapping and confusing initiatives like the Mortgage Rescue Scheme and Mortgage Homeowner Support Scheme have failed to offer real help to those in need.
It was astonishing to hear the Labour housing minister claim home repossession is the best option for some people. Losing your home is invariably heartbreaking for individuals and families.
Some who have part-bought their homes are also suffering from inflexibility by banks or housing associations, being unable to sell their interests. Tenants of homes owned by buy-to-let investors unable to keep up their payments are often innocent victims too.
The first priority is to get Britain back on its feet. Conservatives, if elected, will start by getting the economy growing, creating a private sector recovery driven by business investment and exports, instead of consumer borrowing and government debt. Out of Brown's borrowing boom we will build an enterprise society that saves for its future.
In the coming weeks I will outline Conservative policy to encourage community-led housing for local people; extend opportunity for social tenants; help people get on the housing ladder and end regional planning diktats.
Comments
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Posted by tony phillips, 20:19, Wed 17 February 2010: (Is this post abusive?) #
I am not at all surprised by these figures and, I am not at all surprised by Labour's housing minister saying that home repossession is the best option, the dinosaurs in the Labour government still cling to the idea that people should live in council houses full stop. I well remember when the conservative government allowed people to buy their council homes and, I well remember the Labour run councils being against the idea of private ownership. It is going to take an incoming Conservative government a full five years of careful planning and implementation to get us out of the chaos that Labour,by design, have got us into. The conservatives should not give any money to overseas aid other than to a natural disaster fund and, should not allow foreign nationals to come here who have got Aids, for free health treatment which, will cost the UK millions. As Mr Dunne has so rightly said, this country is the first priority, helping business to grow by giving tax breaks and help with business rates, by helping the young with training and to further the apprentice scheme, and to only allow people to come to this country who have the money and the skills to support themselves and their families and if funds allow, to continue with the voluntary repatriation scheme which is the policy of the labour government notwithstanding the fact that they allowed three million in for political purposes, I.E. Votes.
Posted by graeme perks, 21:06, Wed 17 February 2010: (Is this post abusive?) #
I will support the Skills comments Tony I volunteer for Skillbuilders CIC www.skillbuilders.org.uk - re housing repossessions, I think it is sinfull how so called joint venture projects with housing associations, cripple those that take the mortgage on - part of the house and stil have to rent it - madness. Endowment mortgages should come with a health warning, and those that take on 'buy to let' properties should beware that prices go down as well as up. I think Housing Associations vary so much in how they treat tenants and others, that to 'tar them all with one brush' is understandable! but there are some good ones out there too! Graeme Perks - Ludlow
Posted by Barry Edward Capsey, 09:43, Mon 22 February 2010: (Is this post abusive?) #
It's clear that Brown and co are bungling incompetent clowns, who have deliberately undermined our country, and housing repos are a symptom. What really worries me is Dave's continuing dalliance with the EU, and the announcement that the Europhile Clarke and some sidekicks have been sent to 'reassure' our Euromasters that an incoming Conservative government won't rock the boat! Philip Dunne is a truly excellent MP and will undoubtedly be re-elected, but, as things stand, my vote will go to UKIP. Recently the celebrated Eurogoon, Heseltine, wrote that a hung parliament is very likely, and it does seem possible. Dave needs to properly assure the masses of poised UKIP voters that there WILL BE an 'In or Out' referendum and they WILL come flooding back to vote Conservative. Trust me.
Posted by graeme perks, 15:00, Tue 23 February 2010: (Is this post abusive?) #
Thank you Barry - Lets hope a few votes end up not being important! I suspect the Conservatives internal divisions are no less than for the two other parties - lets just hope our local working MP gets the 2nd term remit we need in these very challenging times. Graeme
Posted by tony phillips, 18:49, Tue 23 February 2010: (Is this post abusive?) #
Hi Barry, unfortunately a vote for UKIP will be a wasted vote, only a few weeks ago Farage stated that his party had nothing more to offer Britain than withdrawal from the EU. The conservative party is plagued with people who cannot decide for Britain or for Europe, Cameron,if elected needs to concetrate on Britain and the problems within this country instead of committing the party to letting in of tens of thousands of immigrants which he has stated publicly will be the case. The Liberals are a waste of space in politics and will side with anyone. We in the BNP have, recently put feelers out to see if UKIP would like to join ranks with us but talks broke down due to the arrogance of the UKIP leadership. It is interesting to note that Edward Heath took us into Europe by deceit and, as with all the main parties, there are more than a few members of parliament who lean to allegiance with the secretive Bilderbirg Group, take a look on Google concerning this organisation.
Posted by graeme perks, 07:13, Wed 24 February 2010: (Is this post abusive?) #
Hi Tony and Barry
At 49 I am dispointed not to have voted on Europe my parents voted for an EU trade agreement - however I do see that since the Irish Stitch up how could we have an expensive Referendum on something like 'in or out' which was a done deal! - far more sensible to have decision on an element we can influnce, like no more loss of decision power by our parliament by default but for the commons to vote on such, every time! Graeme