Monday, July 2, 2007
Housing crash driving you mad?
Lecturer shot wife dead when their house failed to sell
A former lecturer killed his wife after their house failed to sell. Edward Edrich, 59, gunned down Claire in the lounge of their Grade II-listed country home. A court heard yesterday that he was in financial trouble and depressed that the £575,000 home had not sold because it lay on the path of a planned runway at Gatwick. He denied murder but admitted manslaughter on the grounds of diminished responsibility. Judge Richard Brown made him the subject of a hospital order for an indefinite period under the Mental Health Act. The judge told him: "I am satisfied on the evidence that you were suffering a severe depressive illness." After the hearing, the couple's daughters, Claudia and Harriet, said their parents had been hounded for repayments that they could not possibly meet.
3 thoughts on “Housing crash driving you mad?”
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Surfgatinho says:
“their parents had been hounded for repayments that they could not possibly meet”
Ah, it’ll be the banks fault again.
Scott says:
You have to laugh, don’t you.
the bald man says:
Not sure whether to feel sympathy or disbelief. Why do people have this belief their houses are there key to their fortune? There is a lesson. Like any other class of asset houses can fall in value.