
Latest figures from the Ministry of Justice (October to December 2022) for England and Wales have revealed that landlord repossessions increased by 98% at the end of 2022
The new figures show that there were 5,409 landlord repossessions in this period, a 98% increase on the same quarter last year and a similar level to the previous quarter.
The statistics also show that there were 20,460 landlord repossession claims, 42% more than at the same time last year, and a similar level to the previous quarter. There were also 733 mortgage repossessions, a 134% increase on the same time last year, and a similar level to the previous quarter.
Commenting on the figures Matt Downie, Chief Executive of Crisis, said: “The devastating impact of the cost of living crisis, rising rents and low wages has once again been laid bare as thousands more renters are faced with eviction and the very real threat of being left with nowhere to go.”
“With rents rising at their fastest rate in 16 years, the Government cannot continue to look the other way as more and more people are forced into homelessness. The upcoming Spring Budget must include investment in housing benefit – which has been frozen since April 2020 – so that it adequately reflects today’s cost pressures. Failure to do so will see thousands of households facing the uncertainty of eviction and the crushing reality of homelessness.”