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Lancashire’s repossession hotspots revealed

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MORE than 500 households a week are at risk of losing their home in the North West, according to a new report by Shelter.

The housing charity Shelter has revealed hotspots where people are most likely to face reposessions, and boroughs in Lancashire have been ranked among the worst affected out of a table of 325.

West Lancashire came 53rd, with 578 mortgage and landlord repossessions during 2013/14, translating to one in 79 households affected.

Chorley was ranked 71st, with 487 reposessions - a ratio of one in 92 homes.

Preston was ranked 80th with 575 reposessesions, meaning one in 100 housholds was affected.

At position 322, the Ribble Valley was one of the lowest ranking, with only 77 reposessions during 2013/14.

Campbell Robb, chief executive of Shelter, said: “These staggering figures show just how many families in the North West go through the trauma of learning that their home is at risk, every single week.

“People are hearing that the economy is recovering, but we’re seeing the reality that many families across the country are still battling to keep their heads above water and keep their homes.

“Just one thing such as a job loss or serious illness can tip any of us in to a downward spiral that puts our home at risk.

“Our message is that no one should battle alone. Shelter can help. Getting advice early is the best way to halt the spiral of rent or mortgage arrears and can mean the difference between losing a home and keeping it.”

Call Shelter on 0808 800 4444.

 

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