delusionofgrandeur

According to Guido Fawke’s blog, the government is set to make a Mr Darren Minnikins homeless by foreclosing on his mortgage through the nationalised bank Northern Rock.

I think (although I can’t remember where I read it) that Northern Rock are involved in more foreclosure actions than any other mortgage provider at the moment. So, if I’m right, getting repossessed by Northern Rock is effectively repossession by the government. That’s a hell of a way to replenish the council-housing stocks :S

This entry was posted on Tuesday, February 19th, 2008 at 2:14 pm and is filed under Economy, Politics.You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.