Homes reposessions down in Croydon (From Your Local Guardian)
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Homes reposessions down in Croydon
3:57pm Monday 23rd February 2009
Croydon is bucking the national trend for house repossessions, the latest figures have shown.
According to the Ministry of Justice, Croydon has seen a six per cent reduction in repossessions in the 12 months from January to December 2008 compared with a 50 per cent average increase across the UK.
While during the 12 months of 2007 there were 2,332 mortgage company led repossessions, in 2008 there were only 2,211.
Similarly, both Lambeth and Bromley have also seen a reduction in the amount of houses being taken back by the bank.
Townsends Estate Agents senior manager, Diane Armstrong said: “We have not seen a massive change in the amount of repossessed properties come on our books, it has stayed pretty level.
“I think the national media is looking across the board but Croydon seems to be doing alright in terms of houses being taken back by the banks.
“I don’t know why this is but I’d say statistics will probably show an increase in the next four to five months.”
Peter Bolton King, chief executive of the National Association of Estate Agents, said: “Whilst every extra repossession is to be regretted, there is a real need to maintain some perspective in regard to these figures.
"The scenario we currently face in relation to repossessions is no worse than during the recession of the early 1990s, when there was even less protection for the consumer.
“The inconvenient truth for Gordon Brown is that this is yet another example of how the Government’s failure to immediately recognise the severity of the economic situation, leading to a piecemeal approach which has been an unmitigated failure.
"But with the Budget coming up, it’s clear that there is a real opportunity to get the property market and the economy back on track and to help Britain’s families keep their homes.”
Comments(18)
Brian Sewer
says...
1:39pm Tue 24 Feb 09
ANNE GILES
says...
9:33pm Tue 24 Feb 09
hadda walsh
says...
9:46pm Tue 24 Feb 09
Bob Peel wrote:this part IN A RENTED HOME WITH AN OVERSEAS LANDLORD has filthy racist connotations and should be removed at once,and anyone who says this is not racist is themselves racist through and through
BROWN IS MY SHEPHERD, I SHALL NOT WORK. HE LEADETH ME BESIDE STILL FACTORIES, HE RESTORETH MY FAITH IN THE CONSERVATIVE PARTY. HE GUIDETH ME TO THE PATH OF UNEMPLOYMENT YEA, THOUGH I WAIT FOR MY DOLE, I OWN THE BANK THAT REFUSES ME. BROWN HAS ANOINTED MY INCOME WITH TAXES MY EXPENSES OVER RUNNETH MY INCOME SURELY, POVERTY AND HARD LIVING WILL FOLLOW ME ALL THE DAYS OF HIS TERM FROM HENCE FORTH WE WILL LIVE, ALL THE DAYS OF OUR LIVES, IN A RENTED HOME WITH AN OVERSEAS LANDLORD. I AM GLAD I AM BRITISH, I AM GLAD THAT I AM FREE BUT I WISH I WAS A DOG AND BROWN WAS A TREE
BODICA
says...
11:44pm Tue 24 Feb 09
c c p
says...
8:56am Wed 25 Feb 09
BODICA wrote:there is nothing "over the top" about accusations where racism is concerned
hadda walsh....It is over the top accusations like this about Racism that causes too many people to become racist; your brainwashed.
as croydon communists, we have a duty to stop nazism and facism from rearing it's ugly head wherever we see it. "in a rented home with an overseas landord" is sending out a clear racist message that british people are living in rented accommodation owned by "foreigners" who are wealthy enough to move abroad and rent out their properties to british people ... clear cut disgusting offensive racism by the author
scoffer
says...
9:36am Wed 25 Feb 09
Brian Sewer
says...
1:15pm Wed 25 Feb 09
NastyMrTom
says...
5:24pm Wed 25 Feb 09
The comment is open to interpretation. It could be meant in a racist way but in context it's more likely to be a comment on the foreign ownership of UK assets.
Weird that we've got responses from Hadda & C.C.P on this thread when we've had far far worse posted in recent weeks without their comments ... some more creative posting from the morons amongst us ??
Thankfully this ain't Swanley and we ain't that stupid !
scoffer
says...
9:05am Thu 26 Feb 09
Brian Sewer
says...
11:38am Thu 26 Feb 09
he fell into anoher hole by admitting what he really meant in his poem ha ha
scoffer
says...
12:22pm Thu 26 Feb 09
NastyMrTom
says...
12:39pm Thu 26 Feb 09
scoffer wrote:Interpretation is a personal matter that requires some intelligence this obviously excludes you and that gimp.
Of course nastyoltom knows exactly what the interpretation is... 'more likely to be' she's been caught out posting to imaginary candidates on here before rofl!! SOB!!
As for the 'imaginary candidates' you seem to miss the point that it's irrelevant if they were who they said they were or not. The fact is they were willing to discuss their views in a pleasant and intelligent manner and since they were unusual to me and others we were happy to correspond.
You on the other hand are a brainless c0ck who hasn't got the mental ability to do the same. We laugh at reading the pompous daily broadcasts to your imaginary following taken from the papers (that we can all read for ourselves)and the puerile insults that don't work and reinforce the popular opinion on here that you're scum.
Brian Sewer
says...
1:42pm Thu 26 Feb 09
scoffer
says...
7:14pm Thu 26 Feb 09
Croydon Ambassador
says...
2:55pm Sat 28 Feb 09
Bob Peel wrote:This is a highly racist and offensive poem
BROWN IS MY SHEPHERD, I SHALL NOT WORK. HE LEADETH ME BESIDE STILL FACTORIES, HE RESTORETH MY FAITH IN THE CONSERVATIVE PARTY. HE GUIDETH ME TO THE PATH OF UNEMPLOYMENT YEA, THOUGH I WAIT FOR MY DOLE, I OWN THE BANK THAT REFUSES ME. BROWN HAS ANOINTED MY INCOME WITH TAXES MY EXPENSES OVER RUNNETH MY INCOME SURELY, POVERTY AND HARD LIVING WILL FOLLOW ME ALL THE DAYS OF HIS TERM FROM HENCE FORTH WE WILL LIVE, ALL THE DAYS OF OUR LIVES, IN A RENTED HOME WITH AN OVERSEAS LANDLORD. I AM GLAD I AM BRITISH, I AM GLAD THAT I AM FREE BUT I WISH I WAS A DOG AND BROWN WAS A TREE
The author should be ashamed of himself of such institutionalised racism in the police force ~ no wonder they banished him !
ANNE GILES
says...
10:09pm Sat 28 Feb 09
j.freeson
says...
8:00am Sun 1 Mar 09
the met was suffering from institionalised racism at the time along with in depth corruption and sexism, no place in modern society for these people, the met is better off without rotten individuals like this
Croydon has seen a six per cent reduction in repossessions in the 12 months from January to December 2008
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Bob Peel says...
9:41am Tue 24 Feb 09
HE LEADETH ME BESIDE STILL FACTORIES,
HE RESTORETH MY FAITH IN THE CONSERVATIVE PARTY.
HE GUIDETH ME TO THE PATH OF UNEMPLOYMENT
YEA, THOUGH I WAIT FOR MY DOLE,
I OWN THE BANK THAT REFUSES ME.
BROWN HAS ANOINTED MY INCOME WITH TAXES
MY EXPENSES OVER RUNNETH MY INCOME
SURELY, POVERTY AND HARD LIVING WILL FOLLOW ME ALL THE DAYS OF HIS TERM
FROM HENCE FORTH WE WILL LIVE, ALL THE DAYS OF OUR LIVES,
IN A RENTED HOME WITH AN OVERSEAS LANDLORD.
I AM GLAD I AM BRITISH, I AM GLAD THAT I AM FREE
BUT I WISH I WAS A DOG AND BROWN WAS A TREE