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Mortgage misery for many
Yorkshire Evening Post
|June 09, 2025
18% quarterly jump in homeowner repossessions
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The number of mortgaged homeowners having their home repossessed jumped by nearly a fifth in the first quarter of this year, compared with the previous three months, according to figures from a banking and finance industry body.
Some 1,220 homeowner repossessions were recorded by UK Finance in the first quarter of this year, marking an 18% rise compared with the last three months of 2024.
There were also 810 buy-to-let home repossessions in the first quarter of this year, marking a 16% rise on the previous quarter.
UK Finance said that, although repossession numbers increased, they remain low compared with the longer-term.
This story is from the June 09, 2025 edition of Yorkshire Evening Post.
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