Latest data from the Ministry of Justice (MoJ) have indicated that mortgage possession actions in Quarter 1 (Q1) have dropped significantly compared to Q1 2019.
Compared to 2019, pre-Covid-19, mortgage possession claims, orders, warrants and repossessions by county court bailiffs have decreased by 53%, 47%, 55% and 57% respectively. However, compared to the same quarter in 2021, all mortgage actions increased by over 100%.
The figures are in line with the recovery referred to above. Mortgage possession claims increased from 735 to 2,890, orders from 145 to 2,293, warrants from 43 to 2,162 and repossessions by county court bailiffs increased from 3 to 571.
However, compared to the same quarter in 2021, all mortgage actions increased by over 100%.
Hartlepool in the North East region had the highest rate of mortgage possession claims at 38 per 100,000 households, followed by Blackpool (North West region) and Luton (East of England region); with 30 and 26 claims per 100,000 respectively. Note that these rates are based on relatively low numbers and so the relativities between areas should be treated with caution.