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Repossessions on the up

May 22nd 2009
More than 33,000 people ‚Äö?Ñ?¨ a rise of 23 per cent - could lose their homes as banks fail to pass on the interest rate cuts to people with mortgages, the Centre for Economics and Business Research (CEBR) has claimed. CEBR economist John Ward said: "Until mortgage finance starts to flow again, the outcome will be a reduction in house prices and an increase in repossessions." The warning came as house prices fell for the seventh month in a row, leaving homes costing less than they did a year ago, with an average price tag of ¬¨¬£173,100 in England and Wales.

May 2008



Protest at Alexandra Court in Hackney

Portrait of an artist

Concern over homeless health services

'No sleeping' signs still on the Strand

Simon Community headcount finds drop in rough sleepers

Back on My Feet

Wakefield thugs sentenced

Will Homeless Link make homelessness history?

Murder in Essex

New Simon Community street caf?© venue

Westminster charges to spend a penny

Repossessions on the up

Squatter's rights to millions

An old kidnapping

Feeling a bit rough? Have you tried NHS Direct?

Mayoral elections - a response

Shelter report - a response

Poetry on the Big Issue

Hospital discharge - another response

Vote? What for?


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© Copyright 2009-2014 The Pavement. Established 2005 Registered Charity No. 1110656 Scottish Charity Register No. SC043760 ISSN (online) 1757-0484