Housing repossessions pour more doubt on economic recovery

Commenting on the increase in the number of people having their homes repossessed, Dave Prentis General Secretary of UNISON said:
 
“The Government talks about economic recovery, but the rise in the number of people losing their homes because they cannot afford their mortgage repayments, paints a very different picture.  Every home repossessed is the tragic loss of a families dream of a secure future. Rising costs are pricing more and more people out of the housing market altogether and rents are increasingly unaffordable.
 
“People are struggling because of a lack of job security and because pay has not kept up with inflation, let alone the increase in housing costs. It is time the Government took action and increased the supply of affordable and rentable homes with a national house building programme delivered by councils and housing associations.”
 
ends