The Need to Stop Repossession Becomes Political

The recent general election has raised crucial points about the UK’s housing policy as more people then ever have had to find ways to stop repossession in recent years.

Housing is a political issue. But it isn’t one that’s been addressed by the government. Critics have come out saying that the lack of political action to help those caught up in the housing crisis is perhaps one of the biggest political failures of the decade. Housing impacts on our lives as much as education or health. And yet the housing situation has never been so divisive. There are those who have made a fortune on their homes – the baby boomers – and those who have been unable to get their foot on the ladder because they’ve been priced out. But the most unfortunate has to be homeowners who bought when property was at its peak but who were then hit by the recession leaving thousands of people trying to stop repossession orders.

Stop Repossession – Fast House Sale Companies Take Off

Writing in The Guardian, Glyn Robins said the lack of a pro-active housing policy is ‘perverse’ – especially at a time when repossession figures have peaked. There simply is just not enough help for homeowners trying to stop repossession orders. Robins criticises the political parties for being ‘silent’ on the whole housing crisis, despite the fact it was speculative investment and inflated property prices that played such a big role in the economic meltdown. And yet housing is one of the main concerns for millions. The government are simply not building enough new houses – according to Robins, they built one million homes in the post-war years when the UK was undergoing austerity and rationing. Today, after the country’s biggest recession the estimated number of new homes being built for 2010 is below 100,000. As property becomes scarce, with millions of people on waiting lists to upgrade or move homes, the situation will only get worse. Robins reports that there are 100 house repossessions every day. And that figure doesn’t include all those thousands of people who are either in the process of trying to stop repossession or are experiencing the anxiety of falling into mortgage arrears.

The rise of ‘fast house sale’ companies offering solutions to struggling homeowners to stop repossession reveals how desperate many thousands of homeowners across the country are.

Are you worried about repossession? Speak to Move Quickly – ring 01302 722 900.