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MP highlights practical advice for homeowners as repossessions rise

3 March 2009

Hemel Hempstead MP, Mike Penning, has launched a Repossession Advice Pack with practical advice for Hemel homeowners worried about meeting mortgage repayments.

The Pack gives step-by-step advice to households who are concerned that they may not be able to keep up their monthly mortgage payments, and steers people away from making their situation worse. It can be downloaded here.

This new Conservative initiative comes as the latest official Government statistics show a large increase in mortgage repossession orders being made by the courts – with 313 being issued across the country every single day.

Mike said:

“At this difficult time, there are many people in Dacorum who are worried about meeting mortgage repayments. I hope this pack will provide some practical help and comfort.

“If you think you can’t meet your mortgage repayments the important thing is to seek financial advice early.”

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