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Tying the process of repossession in yet more knots will make it harder for the market to clear and for house prices to find a floor.
Around 2.5m homes are in the process of repossession, and 11m (or nearly 25% of all homes with mortgages) are "underwater": borrowers owe more on their mortgage than their houses are worth.
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Bankruptcies have shot up, and banks remain frustrated by a sluggish legal process that has left them sitting on hundreds of thousands of repossession lawsuits.
In a separate post, Irvine writes: In thousands of cases, UK wide, HB was mistakenly being cancelled, resulting in, wholly avoidable rent arrears going through the roof, and tenants being subjected to the worry, anxiety and costs of repossession action, when the fault lay entirely at the doorstep of DWP systems and processes.
The fears of repossession, the arguments over bills, the hunger and poverty from being penniless.
The crucial issue of repossession may be resolved by using municipal law a blow to Mr Luzhkov's paternalistic image.
The number of repossession claims issued by landlords has risen by 27 per cent over four years to more than 170,000.
But by and large, banks have been waiting for a right of repossession before plunging into the market.
In the event of repossession, the lender is expected to provide a rented flat for a year.
Newham has the highest risk of repossession or eviction in the country with 1 in every 35 homes at risk.
Then he tapes a notice of repossession from the lender to the door of the plane.
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