Osborne slams Brown
Gordon Brown has been slammed for potentially plunging millions of Briton into financial difficulties.
[UKPRwire, Wed Jan 16 2008] Conservative shadow chancellor George Osborne has attacked the prime minister over his record during his time as chancellor.
During an appearance on BBC Radio Four's 'Today' programme, Mr Osborne said that people were suffering financial difficulties in Briton because Mr Brown did not plan for a crisis such as the global credit crunch.
"The US sub-prime crisis has affected the whole world. It has affected Britain more than the rest of the whole world," he said.
"Thanks to the economic incompetence of this government we go into a downturn with a huge budget deficit.
"We are borrowing tens of billions of pounds after 15 years of global growth, when most other countries either now have surpluses on their budget or have greatly reduced their deficit," continued Mr Osborne.
Fast property sale expert Julian King adds, "Homeowners who are facing or predict they will be facing financial problems are encouraged to look for a quick house sale before they get repossessed.
"Our analysts are predicting 45,000 repossessions in 2008 and many of these will be able to be avoided if the homeowner acts quick enough.
"Options exist to assist those in financial difficulty."
Mr King is a Director of National Homebuyers, the UK's leading fast property sale firm that guarantees to make a cash offer to purchase each property quickly, regardless of its condition or location. The company is a leading provider of Mortgage Rescue Schemes such as Sell and Rent Back when the homeowner can sell their property for cash, but remain in their home as a tenant.