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Investor Today Warns of the Dramatic Impact of Unemployment on Home Loss in England

Home loss following redundancy - Helping with Debts and ArrearsInvestor Today reported that England is becoming a "'knife-edge nation' for home loss" following redundancy and cites new information from Shelter:

"Shelter is warning that new rules risk turning England into a "knife-edge nation" where losing your job is more likely to mean losing your home."

"The charity’s analysis reveals that some families will need to find hundreds of pounds each month as soon as they lose their jobs to have any hope of keeping up with their housing costs, and identifies hotspots of serious concern – including Manchester, Norwich and Bristol - where the changes will bite hardest."

"The research paints a picture of a country where millions of ordinary families are already struggling to make ends meet, and where further cuts to the support that protects them from becoming homeless could make it increasingly hard for many to get back on their feet."

- See more at: http://www.investortoday.co.uk/news_features/england-becoming-E28098knife-edge-nationE28099-for-home-loss

If you've lost your job and are facing mounting mortgage debts or are already struggling to deal with mortgage arrears following unemployment then please give us a ring as we may be able to help. 01258 81 81 82. 

 

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