In a continuation of the positive figures to come out of the housing industry of late, Northern Ireland has posted some good results with a fall in repossessed homes over the second quarter of the year. The Northern Ireland Courts Service said 929 writs were issued between April and June 2010 compared to 954 for the same quarter in 2009.
FIgures looked good quarter on quarter as well with repossession orders down from 1,088 in the first 3 months to 704 in the second quarter of the year. Not everyone’s convinced though, Lucy Cochrane, information and policy officer for Citizens Advice, said her team dealt with over £5.5m in mortgage arrears in 2009-2010 and reaffirmed the fact there is still a large number of people facing repossession.
