Home repossessions up 15%

ninky_2

lemonjelly wrote: »

Yeah. Saw the thread yesterday & was very suprised that it isn't something that has been picked up on.

Lenders appear a little more inclined to fiollow through?

In my experience, no judge will grant a possession order or eviction order from november onwards except in really severe circumstances, as they don't want to put people on the streets for christmas, so in reality the first quarter will generally see an increase.

but people don't actually end up on the streets do they? am i just really naive. i thought street homelessness was the temporary preserve of illegal immigrants, teenage runaways and substance abusers these days.

i would have thought the main reason was people on holiday / not at work due to weather and so eviction orders not going through as quickly.