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Saturday, July 09, 2011

Possession figures up

As tenants struggle with rent and cost of living increases it looks like some are failing to keep up their rental payments resulting in high levels of possession claims according to latest government figures.

In Q1, 34,897 possession claims were issued, a 5% increase on the same quarter last year and 1% up on Q4 2010.  Out of these figures, 24,170 households were hit with a possession notice supported by the courts, a staggering 9% higher on Q1 2010 and 5% higher from the previous quarter.

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