UK Politics

Liberal Democratic Party: Repossession increase means difficult Christmas ahead – Teather

Press Release   •   Dec 16, 2009 10:41 GMT

“The situation could get even worse if job losses continue and interest rates start to creep up," said the Liberal Democrat Shadow Housing Minister.

Commenting on today’s FSA statistics which reveal a 3% rise in the number of homes being repossessed, Sarah Teather said:

“This is going to be a really difficult Christmas for those who have had their homes repossessed.

“The situation could get even worse if job losses continue and interest rates start to creep up.

“We need a change in the law so that courts have the power to intervene in these cases.”