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Every Week 8,300 Brits Risk Losing Their Homes
World Economy

Every Week 8,300 Brits Risk Losing Their Homes

More than 8,300 people a week in England are at risk of losing their homes, a report by homelessness charity Shelter has found.
The London boroughs of Barking and Dagenham are the worst affected by Britain’s housing crisis, with one in every 38 homes potentially at risk of a repossession claim.  Other cities in the country at risk include Slough, Manchester, Peterborough and Rochdale, RT reported.
The worrying figures come as the average house price in Britain is pushed closer to £200,000, according to new research.
Shelter based its findings on the number of possession claims issued in county courts between April 1 last year and March 31 this year. The charity compared figures from the ministry of justice with census information on the number of households in a specific area.  It found one in 58 homes to be at risk of repossession in Slough, while the figure in Manchester was one in 66.
In London, the boroughs of Barking, Dagenham, Newham, Haringey, Lewisham, Hackney, Greenwich, Southwark and Brent were particularly vulnerable to high rates of repossession.
Shelter helpline adviser Nadeem Khan said: “We’re hearing from thousands of people who have suffered in silence while they struggle to keep up with their rent or mortgage and come to us in desperation when the court papers finally land on their doormat.”
Some 360,000 people visited Shelter’s website last year seeking information on eviction and repossession, the charity added.
The shortfall of new houses has hit 136,000 a year, according to The Times.  An additional 100,000 homes need to be built each year in the capital alone to meet demand.
Halifax’s latest house price index shows the average price of a house in Britain is £196,067, about £12,600 more than this time last year.

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