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1,463 families lost their homes in Bradford in 2007
February 14, 2008 10:40 AM
Too many families in Bradford are losing their homes because of difficulties over mortgage payments, claims Cllr David Ward, chair of the Bradford North Area Committee
New figures show that 1,463 orders for home repossession were issued by Bradford county court in 2007. This is a rise of 16% since 2006. And the rate of repossessions is accelerating as well with 28% more families losing their homes in the last three months of 2007 compared to the same period in 2006.
Cllr Ward said,
"1,463 home repossession orders means these families being turfed out of the house they have lived in, often for many years,
"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.
" Gordon Brown has run an economy that has been fuelled by a runaway credit boom and he has done little to bring under control.
" These families in 2007 paid the price. There are now serious concerns that in 2008, the situation will get worse."
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