Housing Advisors are still dealing with frequent cases of acute financial hardship in the aftermath of the economic recession. It is estimated that each household accepted as homeless by the Local Authority costs the public purse around £6,500 (source: Shelter briefing: ‘Immediate costs to government of loss of home’ 2012). The human cost is immeasurable.
Local Authorities have a statutory duty to ensure that information and advice to prevent homelessness is available. Experienced trainer Ben Reeve-Lewis has joined forces with Trown Housing Consultancy to create a valuable on-line guidance manual for Housing Options services, to support them in the delivery of this important duty.
The manual focuses on ways to negotiate with lenders successfully, plus strategies for dealing with cases that have progressed as far as court action. Designed to be quick and easy to navigate around, the Manual gives advisers the confidence they need to provide a robust defence of the client’s home, where this is possible and practical.
There are many things a lender can do as an alternative to repossession but the adviser has to know what they are in order to save the home. The guide provides negotiation tools for no fewer than 14 alternatives to repossession that a lender can offer. There are comprehensive template letters, and many pre-written court form templates, in line with county court procedures.
There is also a full explanation of what courts can be asked to do in order to avoid repossession.
‘How to Prevent Repossessions’ is priced according to rate of mortgage claims in the area. The prices quoted below are for a full year’s subscription, including limitless logins. At this price, the kit pays for itself several times over, as soon as the first repossession is averted:
Low risk local authority areas* £200 + VAT
Medium risk local authority areas* £350 + VAT
Repossession ‘hotspots’* £500 + VAT
*these bands are based on Shelter report ‘England Repossession Hotspots 2010/11‘