Right, to end the month, we’ve got a housing market stat-tastic bonanza, are you ready? Here we go…
- The Ministry of Justice (MOJ) said that courts in England and Wales issued 42% fewer repossession orders in Q4 ‘09 compared Q4 ‘08.
- There were 16,928 orders for home repossession in Q4 and 46% of orders were suspended.
- The Government Mortgage Rescue Scheme has helped 276 households since it launched in January 2009
- Over 15,000 households have received free repossession advice from their local authority since January 2009
- From December to March over 9,000 repossession cases went to court desk advisors, over 7,500 of these had the immediate risk of repossession lifted.
There you go, a Happy Ending.
Tags: avoid repossession, house repossession, repossession, repossession order, stop repossession