Lib Dems call for tighter regulation of repossessions

The party has also called for mortgage rescue schemes, commonly known as sale and lease back, to be regulated. In its latest proposals to help families facing the threat of repossession, the Liberal Democrat Party has called for the Government to stop propping up the housing market, and start helping those in difficulty. Liberal Democrat shadow chancellor, Vince Cable, says: “The Government seems obsessed with fighting a losing battle to artificially prop up the housing market, rather than finding ways to deal with its worst effects. “Ministers must act to help the thousands of families...