MK homes ‘at risk’ says new research

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One in every 73 Milton Keynes homes are at risk of eviction or repossession, according to new statistics released by homeless charity Shelter.

The research shows that over 25,000 households across the south east of England are at risk of losing their home and Milton Keynes is amongst the worst affected areas.

Shelter has identified the areas across the south east region where people face the highest likelihood of losing their home – as a part of the charity’s fund raising appeal to help homeless children.

The research, based on recorded court proceedings, found that Slough has the highest risk of repossession or eviction in the region, with as many as one in every 65 homes at risk.

There is also a very high risk in Milton Keynes where one in every 73 homes are at risk, followed by Dartford (one in 75), Medway (one in 77) and Gravesham (one in 81).

Andrew Pakes, Labour & Co-operative Parliamentary Candidate for Milton Keynes South, believes the current housing market isn’t working, with more families struggling to make ends meet.

“These latest figures show that despite better economic news, life is still very tough with prices rising faster than wages are,” he said.

“Repossession levels have shot up 20 per cent across the borough over the last year – underlining the heartache that rent arrears or mortgage problems can create. We need real action to help families deal with rising living costs and provide a safety net for those in need.”