Practical advice for Harrow's homeowners as repossessions soar

Bob Blackman, Conservative Parliamentary Candidate for Harrow East, has launched a Repossession Advice Pack with practical advice for homeowners across Harrow worried about meeting their mortgage repayments.

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. 1,119 were made in 2008, an increase of 84% on the year before.

Bob Blackman said:

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

Notes to Editors

Conservatives have produced a repossession advice pack, with practical advice for homeowners worried about meeting their mortgage repayments. The advice pack can be downloaded from http://tinyurl.com/housingadvice (PDF file).

SOARING NUMBER OF REPOSSESSIONS

According to official Government figures, the number of mortgage repossession orders made has soared from 57,156 in 1997 to 114,296 in 2008 - this is now equivalent to 313 mortgage repossession orders being made every day.