house repossessions

Over 1,000 homes repossessed in Quarter 1

24th May 2023 Arrears and Recoveries | #house repossessions

Latest UK Finance data has reported a 50% increase in home repossessions in Quarter 1 (Q1) 2023, with over 1,000 homes taken into repossession due to homeowners struggling to keep up with mortgage repayments. In addition to the 750 mortgaged properties repossessed, 50 per cent greater than in the previous quarter. 410 buy-to-let mortgaged properties…

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house repossessions

Over 1,000 homes repossessed in Quarter 1

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