Too many families in Bury are losing their homes because of difficulties over mortgage payments, claims Vic D’Albert, Lib Dem Parliamentary candidate for Bury South.
New figures show that 668 orders for home repossession were issued by Bury county court in 2007. This is a rise of 12% since 2006.
“668 home repossession orders means 668 families being turfed out of the house they have lived in, often for many years,” said Vic D’Albert.
“Many people remember the boom and bust policies of the last Conservative government that saw tens of thousands of people lose their home because they could not keep up with mortgage payments. Now it looks as though the current Labour Government has blundered into a similar mess.
“The Government has failed to ensure there are enough homes to meet people’s needs. For every ten families on the waiting list in
“And Gordon Brown has run an economy that has been fuelled by a runaway credit boom he has done little to bring under control.
“668 families in 2007 paid the price for growing economic incompetence by Gordon Brown in Bury. There are now serious concerns that in 2008, the situation will get worse.”