1-4 of 4 results for subject:"Repossession orders"
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To ask the Secretary of State for Communities and Local Government what steps he has taken since 2010 to reduce the number of home repossessions in (a) Southend, (b) Essex and (c) England.
[137876]
To ask the Secretary of State for Communities and Local Government what steps he has taken since 2010 to reduce the number of home repossessions in (a) Southend, (b) Essex and (c) England.
[137876]
Left unchecked, the last Administration's deficit would have forced up interest rates, meaning more expensive mortgages and other borrowing, more repossessions and fewer first time buyers; this would have been compounded by the fact that household debts were the highest in our history
Under this Government, homeowners are benefiting from lower interest rates; we have effectively reduced the cost of mortgages thanks to the action taken to tackle the deficit: just a 1% rise in market interest rates would have added almost £100 extra on a typical family's mortgage bill each month.
The Government is committed to working closely with lenders, debt advice agencies and local authorities to ensure that repossession is only ever a last resort and that effective help and advice for homeowners at risk of repossession is available.
www.gov.uk/repossession/get-advice
outlines the options available to households.
A range of Government support is in place to help homeowners at risk of repossession. Targeted support includes the Department of Communities and Local Government-funded £221 million Mortgage Rescue Scheme, aimed at vulnerable homeowners at risk of repossession which has been improved to deliver better value for money for the taxpayer. Applications for the scheme are considered by local authorities across England as part of their duties to prevent homelessness. Support for mortgage interest, paid as part of DWP benefits, remains available to help eligible out of work households meet their monthly interest payments.
The Department of Communities and Local Government announced £20 million funding for preventing repossessions in February last year which provides additional options for local housing authorities to tackle repossessions in their local area. Southend-on-Sea borough council received £39,875 for a Preventing Repossessions Fund which can be used to offer small interest free loans or grants to households at risk of repossession to address immediate short term financial difficulties and avoid households becoming homeless due to mortgage possession.
The Council of Mortgage Lenders has reported that repossessions in the last full calendar year (2011) were at their lowest annual level since 2007. Moreover, in the
most recent quarter (July to September 2012), repossessions were down 4% on the previous quarter and down 15% on the same quarter in 2011.
To ask the Chancellor of the Exchequer what steps his Department has taken to assist individuals in (a) Southend-on-Sea, (b) Essex and (c) England and Wales facing repossession of their property in each month since January 2008; what representations he has received on this issue since January 2008; and if...
To ask the Chancellor of the Exchequer what steps his Department has taken to assist individuals in (a) Southend-on-Sea, (b) Essex and (c) England and Wales facing repossession of their property in each month since January 2008; what representations he has received on this issue since January 2008; and if...
To ask the Chancellor of the Exchequer what estimate he has made of the number of house repossessions which have taken place in (a) Southend West constituency and (b) the United Kingdom as a result of the current financial situation; what steps he (i) has taken and (ii) plans to...
To ask the Chancellor of the Exchequer what estimate he has made of the number of house repossessions which have taken place in (a) Southend West constituency and (b) the United Kingdom as a result of the current financial situation; what steps he (i) has taken and (ii) plans to...
To ask the Minister of State, Department for Constitutional Affairs how many court orders have been issued for the repossession of homes in (a) Southend West constituency and (b) each borough in Essex in each year since 1997.
To ask the Minister of State, Department for Constitutional Affairs how many court orders have been issued for the repossession of homes in (a) Southend West constituency and (b) each borough in Essex in each year since 1997.
| Number of mortgage¹ possession orders made² at Essex county courts, 1997 to 2005 | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | |
| Basildon | 229 | 102 | 106 | 150 | 158 | 155 | 179 | 236 | 413 |
| Braintree³ | 69 | — | — | — | — | — | — | — | — |
| Chelmsford | 106 | 106 | 66 | 106 | 55 | 65 | 61 | 105 | 161 |
| Colchester | 195 | 220 | 153 | 131 | 135 | 123 | 142 | 178 | 254 |
| Grays Thurrock4 | 122 | 266 | 265 | — | — | — | — | — | — |
| Harlow | 71 | 92 | 82 | 67 | 55 | 45 | 52 | 97 | 124 |
| Southend-on-Sea | 221 | 253 | 224 | 187 | 123 | 139 | 142 | 172 | 290 |
| Essex | 1,013 | 1,039 | 896 | 641 | 526 | 527 | 576 | 788 | 1,242 |
| ¹ Local authority and private. | |||||||||
| ² The court, following a judicial hearing, may grant an order for possession immediately. This entitles the claimant to apply for a warrant to have the defendant evicted. However, even where a warrant for possession is issued, the parties can still negotiate a compromise to prevent eviction. | |||||||||
| ³ Braintree county court closed as of 1 December 1997. | |||||||||
| 4 Grays Thurrock county court closed as of 31 January 2000. |