Home repossessions

Home repossessions rise by 31%

9th August 2024 Arrears and Recoveries | #Home repossessions

The number of home repossessions has increased to the highest level in five years, data from UK Finance shows. The analysis shows that mortgage possession claims increased by 34% year-on-year in Q2, climbing from 3,991 to 5,343. These involve a lender taking homeowners to court before repossessing their home as the owners have fallen behind…

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Home repossessions

Home repossessions rise by 31%

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