16:48 Thursday 19 December 2013

Repossession risk for one in 150 in South Derbyshire


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AROUND one in every 150 homeowners in South Derbyshire is at risk of having their home repossessed, according to new figures.

The district comes 186th out of 325 local authority areas in the UK for the risk of repossession – something which the sparking concern from bosses at the area’s Citizen’s Advice Bureau (CAB).

East Stafforshire comes 220th in the list, with one in every 169 homeowners facing the risk of repossession.

Sarah Brown, deputy chief executive at South Derbyshire CAB, told the Mail: “This is a large number, and I think it’s a sign of the times.

“The recession is still there, and it’s coming to a head as it goes along.

“People have been struggling and struggling, and robbing Peter to pay Paul, but it gets to a point where they just can’t do it anymore.”

A total of 258 landlord and mortgage repossessions were made in South Derbyshire between October 2012 and September 2013, ranking the district 20th among 40 local authorities in the East Midlands.

East Staffordshire is 24th of 29 West Midlands authorities, though there were 280 repossesions in the district.

The figures were published by Shelter and were based on recorded court proceedings.

Campbell Robb, chief executive of the organisation, said: “It is heart-breaking to see that so many people in the East Midlands face spending Christmas with the threat of losing their home hanging over them. This is a frightening reminder that homelessness can happen to anyone.”

Job losses, benefit changes and relationship breakdown are some of the reasons which have forced people into this situation, said Ms Brown of the CAB.

She urged people facing repossions to seek help as soon as possible, adding: “We will do a full holistic advice service, try to maximise their income and look at all the options available to them at that time.”

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