All the updated news related to repossession

All the news related to repossession updated in real time

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Personal Finance

Rise in repossessions is calm before the storm in mortgage market, warn experts

The number of homeowner property repossessions increased by 5% in the second quarter of this year compared with the first, according to a trade association. Some 630 mortgaged repossessions took place in the second quarter, UK Finance said. ...

11 Aug 2022 at 13:49

Personal Finance

Homeowner mortgage arrears remained low in first quarter of 2022

The number of homeowners in arrears with their mortgage remained low in the first quarter of this year – but rising bills will increasingly have an impact on households’ budgets, a trade association has said. Some 75,670 homeowner ...

19 May 2022 at 15:50

Personal Finance

Squeezed household budgets ‘could put upward pressure on mortgage arrears’

The number of homeowners who are severely behind with their mortgage payments edged up towards the end of last year, figures from a trade association show. And, looking ahead, rising living costs and planned increases in National ...

10 Feb 2022 at 12:25

Scotland

Surge in repossession advice sought from charity amid mortgage crisis

The mortgage crisis is leading homeowners to seek advice on repossession, a charity has found. Citizens Advice Scotland said data shows views of its online advice page for those who are facing eviction because their home is ...

26 Jun 2023 at 13:29

Personal Finance

Jump in homeowners and landlords falling into arrears on mortgages

A growing number of homeowners and landlords fell into arrears with their mortgage in the second quarter of 2023, according to figures from a trade association. UK Finance, which released the figures, said home ...

10 Aug 2023 at 13:14

Number of mortgage-holders getting into arrears rose in final months of 2022

The number of mortgage-holders getting into arrears increased in the final three months of 2022, according to a body representing lenders. Across the UK, 75,170 homeowner mortgages were in arrears of 2.5% or ...

09 Feb 2023 at 13:34

Personal Finance

Jump in mortgage arrears and homes being repossessed

The number of homes being repossessed and homeowners in arrears jumped in the first quarter of this year, according to figures from a trade association. There was a 50% increase in the number of homeowner ...

18 May 2023 at 15:13

Mortgage arrears jump as homeowners and landlords feel pressure from rate hikes

The number of mortgages in arrears has jumped as cost-of-living pressures and higher rates on home loans bite, according to a trade association representing lenders. Some landlords may not be in a ...

09 Nov 2023 at 12:14

Home repossessions jump as households ‘remain under pressure’ from higher rates

The number of homeowner-mortgaged properties being repossessed jumped by more than a third in the first quarter of this year compared with the previous three months, according to figures from a ...

09 May 2024 at 10:27

Personal Finance

Number of homeowners in mortgage arrears on the rise, says UK Finance

The number of homeowners in mortgage arrears is continuing to rise as living costs and high interest rates take their toll on households, according to trade association UK Finance. Some 93,680 ...

08 Feb 2024 at 14:39

Universal Credit roll-out ‘led to rise in home repossessions and burglaries’

A landmark reform to the UK’s benefits system has led to an unintended rise in home repossessions, burglaries and vehicle crimes, costing society almost half a billion pounds, research ...

12 Jul 2022 at 10:58

Home repossessions jumped in third quarter of 2022 – UK Finance

The number of homes being repossessed jumped in the third quarter of this year, according to figures from a trade association. Some 700 homeowner-mortgaged properties were repossessed ...

10 Nov 2022 at 12:52

Years
2026

Related keywords
mortgage
repossessions
uk finance

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