- 1 update
More than 13,000 homes in the South West are at risk of eviction or repossession, the equivalent of 253 households threatened every week, according to new figures released today by Shelter.
The housing charity has revealed the hotspots across the South West where people are most likely to face losing their home, showing Gloucester at the top of the list, followed by City of Bristol, Weymouth and Portland and Bournemouth.
Shelter is warning that despite the economic recovery, growing numbers of families are still set to struggle in the future. It predicts that with the majority of families already struggling month to month with their housing costs and interest rates set to rise, many could soon hit danger levels.
The charity is stressing that people must get advice as soon as possible to prevent arrears from spiralling out of control, and start preparing for future mortgage or rent rises.