SOMERSET HOME REPOSSESSIONS STILL TOO HIGH - HEATH

7.27.00pm GMT Wed 27th Feb 2008

David Heath, MP for Somerton and Frome, is concerned about the high amount of home repossessions throughout Somerset, which have had a significant impact on homeowners throughout Somerton and Frome.

Somerset courts' have had 29% more repossession order claims for mortgage holders in the last three months than the prior quarterly figures. This has meant that 2,577 homes have been repossessed over the last year, a 2% increase on the previous year.

Commenting David said:

"It is very worrying to see repossession orders continue to be so high throughout Somerset, which I am sure, has had a significant impact on the lives of many of my constituents.

The Government has failed to provide rural communities with sufficient affordable housing and it is rural families that suffer and are paying the price for a lack of adequate Government planning.

With the current economic situation, I expect things to get worse unless the Government makes housing a priority, not only in urban schemes, but in rural areas where demand exceeds supply."