Monday, August 31, 2009

So we are over the worst then?

Repossession advice site launched

Government launches a website to help those facing repossession.

Posted by will @ 01:00 PM (598 views)
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5 thoughts on “So we are over the worst then?

  • People who have been priced out for ten years are probably prone to greater bouts of depression and feelings of worhlessness, failure and despondency, than those who will be repossessed.

    It will take those of you who get repossessed many years to hit the lows we have.

    If the governmnet give you as much help as they have given us.

    I do feel very sorry for you.

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  • The website very unhelpfully doesn’t advise what to do if you have been paying your rent but your landlord has not been paying the mortgage – the assumption is that if you are facing eviction it is because you haven’t been paying rent, rather than the far more realistic scenario where the landlord has done a runner with the rent.

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  • The website is also wrong about what tenants should do regarding unlawful eviction.

    Here the advice is that the council can prosecute people who break the Protection From Eviction Act 1977, but actually those are criminal offences – the police should always be called to resolve issues and make the necessary arrests on the spot.

    After all, if the landlord is removing your belongings onto the street and changing the locks on Sunday morning, the council won’t be available to intervene. The police should be though.

    Again, bad advice from the government’s own website!

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  • Well said James @
    It will take those of you who get repossessed many years to hit the lows we have. If the governmnet give you as much help as they have given us…
    They have already helped them by ripping us off the interest on our deposit money to subsidise those with mortgages, plus squandering our tax payments on various rescue schemes to keep overcommitted borrowers in their homes, QE etc.

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