Jump to content
House Price Crash Forum
Guest UK Debt Slave

A Family Is Losing Their Home Every 7 Minutes

Recommended Posts

Guest mattsta1964
A total of 13,161 properties were repossessed in the three months to the end of September – 92 per cent more than the same three months of 2007, the Financial Services Authority said.

http://www.telegraph.co.uk/finance/finance...en-minutes.html

And this depression hasn't even started yet

Nice one Gordon and Tony.

But wait? Wasn't it a global problem?

Fekkn morons ;)

Share this post


Link to post
Share on other sites
http://www.telegraph.co.uk/finance/finance...en-minutes.html

And this depression hasn't even started yet

Nice one Gordon and Tony.

But wait? Wasn't it a global problem?

Fekkn morons ;)

direct cause of labour housing policies.

Communities and Local Government spokesman said: "We are determined to do everything possible to provide real help to home owners who may face difficulties during the downturn, and that means doing all we can to ensure repossession is always a last resort."

so were are the social homes? look into people with council homes renting them out.

Edited by crash2006

Share this post


Link to post
Share on other sites
A Family Is Losing Their Home Every 7 Minutes, The Legacy of NuFascist

I hope they realise they are single-handedly distorting the figures. What are they playing at?

:unsure:

Share this post


Link to post
Share on other sites

It was never "their" home to start with, it was simply a rental with more freedoms... if you are a regular tenant then you are not allowed to smoke, have pets, breed, choose your decor, or be poor.

I swear most of the people who got IO mortgages they knew they couln't repay simply wanted a few years of freedom without having to deal with some miserable jumped-up little shite of a landlord with a mini-hitler complex.

They got a pretty good deal for the time that they managed to stay in their "homes".

Edited by DementedTuna

Share this post


Link to post
Share on other sites
A legacy of one's own greed and foolishness.

Quite right. Blaming Government for individual's waywardness is naive and unhelpful to everyone.

Share this post


Link to post
Share on other sites

Buying a home is the biggest financial commitment of your life, if you can't be bothered to properly budget it, and that includes at least 6-12 months of contingency if you lose your job, then you deserve what you get really. Nobody wants to see others go through the pain of getting repossessed, but it's the rightful consequence of financial irresponsibility.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 284 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.