Repossession figures show Labour failing those suffering most says Teather
Thu, 11 Feb 2010
“It is completely unacceptable that more than 100 families a day are being thrown out of their homes," said the Liberal Democrat Shadow Housing Minister.
Commenting on Council of Mortgage Lending figures showing repossessions at a 14-year high, Sarah Teather said:
“Labour stoked up the housing market by allowing reckless lending and is now failing to help those who are suffering most.
“It is completely unacceptable that more than 100 families a day are being thrown out of their homes.
“The courts need to be given more powers to intervene in repossession cases so that repossession is only ever a last resort.
“With mortgage rescue only helping a tiny fraction of those in need, the Government needs to get its act together fast.”
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