Evictions in rental sector at highest level since records began

This article not only gives the statistics of the numbers of people seeing their homes repossessed, it also includes the case study of one such family that was thrown out of their home by the bailiffs, with only two minutes to pack their belongings. The property group Assetz recognises that this is due to rents rising faster than wages. This is basically common sense, but not to the government. The Ministry of Justice puts it all down to low interest rates and a ‘pro-active approach from lenders in managing consumers in financial difficulty’. Note the absolute failure to recognise what is really going on in that sentence. The truth is that people are being thrown out of their homes, but to the Ministry of Justice, this is just part of a ‘pro-active way of managing them’. And it doesn’t blame the government’s policies of wage restraint and the effect this is having on families forced to make every more economies just in order to get by. No, it’s all due to low interest rates and mortgage lenders. In short, it’s anyone else’s mistake except the government’s.

Benefit tales

The number of people forcibly evicted from their homes in England and Wales after court action, has reached the highest level since records began in 2000.

The Ministry of Justice attributed this to low interest rates and a “proactive approach from lenders in managing consumers in financial difficulty”. The first part of the re-possession process, landlord possession claims, reached 170,451 last year – its highest level since 2004. Meanwhile, the number of homes repossessed by mortgage lenders at the end of last year was the lowest in a decade.

53-year-old Andrew from Dover, who withheld his last name, was evicted in November last year. He told the BBC that he was…

View original post 309 more words

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.


%d bloggers like this: