Repossession Orders: West Midlands

Communities and Local Government written question – answered on 30th March 2010.

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Photo of Jim Cunningham Jim Cunningham Labour, Coventry South

To ask the Secretary of State for Communities and Local Government what recent steps he has taken to assist homeowners at risk of repossession in (a) Coventry and (b) the West Midlands.

Photo of John Healey John Healey The Minister for Housing

Government have taken early and concerted action to provide people facing the threat of repossession with help at every stage of the process. Recent figures indicate that actions taken to help families avoid repossession are having some impact-more families are getting help to stay in their home. Total repossessions in 2009 were 46,000-39 per cent. fewer than originally predicted by the Council of Mortgage Lenders and around half the rate of repossessions in the last recession in 1991.

Coventry has been identified as a repossession hotspot and as such has been specifically targeted through the preventing repossessions awareness campaign.

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