Homeowner property repossessions in 47% annual jump but mortgage arrears falling

Homeowner property repossessions in 47 annual jump but mortgage arrears falling

UK Finance, which released the figures, said repossessions remain significantly lower than long-term averages.

Homeowner property repossessions in 47% annual jump but mortgage arrears falling

UK Finance, which released the figures, said repossessions remain significantly lower than long-term averages.

Homeowner and buy-to-let mortgage arrears fall in Q2 – Mortgage Finance Gazette

Mortgage arrears fell 3% in the second quarter of this year, while possessions rose marginally. The latest figures from UK Finance found homeowner mortgage arrears of 2.5% or more of the outstanding balance stood at 87,380 in the second quarter. Of these, there were 29,840… The post Homeowner and buy-to-let mortgage arrears fall in Q2 appeared first on Mortgage Finance Gazette.

Increase in mortgage possessions speaks to pressure on homeowners

Mortgage arrears fall 3% as possessions rise slowly – Mortgage Strategy

Mortgage arrears fell 3% in the second quarter of this year, while possessions rose marginally. The latest figures from UK Finance found homeowner mortgage arrears of 2.5% or more of the outstanding balance stood at 87,380 in the second quarter. Of these, there were 29,840 homeowner mortgages in the lightest arrears