Friday, Aug 15, 2008
Will we beat the 1991 record for repossessions?
Guardian: Repossession orders up by a quarter
The number of homeowners in England and Wales threatened with repossession rose by a quarter in the year to the end of June, official figures showed today. The Ministry of Justice said lenders made 28,658 possession orders against borrowers in the second quarter of the year, 24% more than in the same period of 2007.
Posted by quiet guy @ 01:10 PM (425 views) Add Comment
3 Comments
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1. mark wadsworth said...
Good question, easy answer, of course we will!
http://www.channel4.com/news/articles/politics/domestic_politics/factcheck+high+taxes+more+repossessions/1870762
The difference being that the Heartless Tories allowed this to happen, whereas the Heartless Socialists will help themselves to large wodges of taxpayers' finest in order to make things worse.
2. harold said...
"Will we beat the 1991 record for repossessions?"
Anyone for the Debt Olympics? No doubt Britain could give a 'creditable' (groan... sorry) performance; i.e., we wont win any medals. Actually, we might be in line for the Repossesion Bronze after Spain and the US.
3. plato said...
"Will we beat the 1991 record for repossessions?"
By a mile......... BUT.............. The figures released will of course be lower after being seasonally adjusted to allow for global warming and the Mars landing....................