Established 2005 Registered Charity No. 1110656

Scottish Charity Register No. SC043760

current issue

December 2024 – January 2025 : Solidarity READ ONLINE

RECENT TWEETS

Repossessions on the up

May 21 2009
Economists have warned tens of thousands of homeowners could be made homeless this year, as repossessions soar in the wake of the sub-prime mortgage crisis 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.
< Westminster charges to spend a penny Squatter\'s rights to millions >
December 2024 – January 2025 : Solidarity

CONTENTS

BACK ISSUES
BACK TO PAGE TOP