Sunday, 1 March 2009

Practical advice for Thanet and Sandwich’s homeowners as repossessions soar

Laura Sandys press release

Laura Sandys, South Thanet and Sandwich’s Conservative Candidate has launched a Repossession Advice Pack with practical advice for homeowners worried about meeting their mortgage repayments. “As an area that has been badly exposed from sub-prime lending we are particularly vulnerable to repossessions,” said Laura. “We need to provide as much support as possible to keep people in their homes and I hope that this advice pack will be helpful in supporting families during these difficult times.”

The Pack gives step-by-step advice to households who fear that they may not be able to keep up their monthly mortgage payments, and tells people how to avoid making their situation worse. It can be downloaded from http://tinyurl.com/housingadvice (PDF file).

This new Conservative initiative comes as the latest official Government statistics show a large increase in mortgage repossession orders being made by the courts – with 313 being issued across the country every single day.

“As the recession bites and the number of repossessions soar, there are thousands of people across Thanet and Sandwich who are worried about paying their mortgage. I hope this advice pack will provide them with some practical help and support.”

if there is any specific issue relating to repossessions that you pesonally have please do contact me on laura@sandys.org.uk

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