Mark Garnier, Wyre Forest’s Conservative Parliamentary Candidate, today launched a Repossession Advice Pack with practical advice for homeowners across Wyre Forestworried about meeting their mortgage repayments.
The Pack gives step-by-step advice to households who fear that they may not be able to keep up their monthly mortgage payments, and tells people how to avoid making their situation worse. It can be downloaded from here (PDF file).
This new Conservative initiative comes as the latest official Government statistics show a large increase in mortgage repossession orders being made by the courts – with 313 being issued across the country every single day. In the Worcester court area, 315 were made in 2008, an increase of 18% on the year before.
Mark Garnier said: “As the recession bites and the number of repossessions soar, there are thousands of people across Wyre Forest and Worcestershire who are worried about paying their mortgage. I hope this advice pack will provide them with some practical help and support.”