Rental repossessions increase in Devon

Concerns have been raised following an increase this year in the number of people in Devon having their homes repossessed.

Figures from Citizens Advice Exeter show an overall 3.8 per cent increase in the number of housing repossession cases listed at Exeter County Court in the six month period ending September 30. This is in comparison to the same period in 2016.

Steve Barriball, Citizens Advice Exeter chief executive, said: “In the last six months there were 296 cases listed for repossession, an overall 3.8 per cent increase, or 11 cases, on the previous year. However, there was a small reduction in mortgage repossessions, which were down by four cases.

“The biggest increase was in housing association repossessions, up by 12.7 per cent. There were further increases of 2.7 per cent in private rented sector cases and 1.8 per cent in local authority actions.

“For the last few years we have seen the headline number of cases listed for repossession level out. Therefore, these latest figures are concerning. …

http://www.devonlive.com/news/devon-news/spike-devon-home-repossession-cases-645768

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s