REPOSSESSIONS: Labour Failing people in their hour of need

LIBERAL Democrats in Bury have slammed as ‘totally inadequate’ a government scheme supposed to help families facing the loss of their homes.

The Mortgage Rescue Scheme was announced in November last year by the Government following an alarming rise in the number of people having their homes repossessed by mortgage lenders. But Labour ministers have restricted the scheme to only 6,000 homes across the whole of England.

That means only one in 25 households facing repossession claims in the courts – the first part of a process mortgage lenders have to go through to repossess a home – will get help under the scheme. 713 repossession claims were issued in Bury in 2008, and many more are expected in 2009. But only 29 are likely to have their homes saved under this scheme.

Vic D’Albert, Parliamentary candidate for Bury South said, “The Mortgage Rescue Scheme was launched with a great fanfare by the Government in the autumn. But it is totally inadequate for the tidal wave of repossessions that local residents are facing.

“The idea behind the scheme is something Liberal Democrats have long been pushing – giving councils and housing associations the opportunity to help residents in mortgage arrears by buying a share in the equity of the home, or even buying it outright. The householders would then rent back their home, therefore avoiding eviction.

“But Labour have taken a good idea and then failed to make it a reality. Only 29 families in Bury out of 713 facing repossession will get help. This is totally inadequate. “Labour are behaving like King Canute sitting on the beach hoping they can order the repossession tidal wave to roll back into the sea. At the same time, families are being engulfed in repossession orders and homes are being swept away.

“Repossession is a terrifying reality for too many people in Bury. The Mortgage Rescue Scheme needs to be expanded urgently or else residents will face being thrown onto the streets.This failing Labour Government is failing people in their hour of need”

Vic D’Albert is Lib Dem Parliamentary candidate for Bury South. Keep up to date with all his activities at www.vicdalbert.net

BURY COUNCIL MUST GET A GRIP OF SCHOOLS ISSUE

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Lib Dem Parliamentary Candidate for Bury South, Vic D’Albert has told Bury Council they “need to get a grip of the situation affecting Radcliffe Riverside and The Derby High Schools as they risk letting down both schools”. 

Problems with the planned re-building of Radcliffe Riverside on the old East Lancashire Paper Mill site has rumbled on for months and recently new plans that envisaged utilising The Derby High School site were mooted. Then following the Councils decision being approved The Derby School Governors rejected the proposals.

Vic D’Albert said, “This whole saga has veered from concern to anguish to anger amongst those affected. And now if Bury Council don’t deal with this issue properly they risk losing millions of pounds of investment in local High Schools.”

Under the Governments’ Building Schools for the future programme, Bury Council can tap into millions of pounds of grants for rebuilding and refurbishing local schools. Bury Council planned to tap into these funds for the rebuild of Radcliffe Riverside and refurbishment of other schools. However the Government makes it conditional that the Local Authority addresses issues of spare capacity (as a result of falling rolls) and they need assurances that all affected schools support the proposals. 

“The recent turn of events which has seen Radcliffe Riverside unhappy at plans and The Derby High reject the proposals, now means these proposals and the much needed funds are at best in serious jeopardy. Bury Council needs to get a grip of the situation for the benefit of all concerned. They need to bring people together, consult properly with all stakeholders and deal with this issue. If all concerned need to be locked up together in the town hall until the matter is resolved then so be it.

“This situation cannot be allowed to continue drifting with the arguments being raged through the local media.If Bury’s Conservative administration fail to deal with this properly they will adversely affect the future education of thousands of high schools students.”

Vic D’Albert has today written to Bury Council’s Director of Childrens Services urging a special summit meeting of all concerned is organised in order to resolve the issue and progress the matter formally, breaking the deadlock. He has suggested representatives of both Governing bodies, Head teachers Officers, and the Councils Executive Portfolio holder should be involved at the very least.