Related topic: Arrears

The number of properties taken into possession was 20% lower than a year earlier, but increased 3% on the quarter.

Demand fell in Q3 amid renewed uncertainty over the domestic political and economic outlook.

David Miller, divisional sales director at Spicerhaart Corporate Sales, explores how AVS can form an important part of that strategy where a customer is no longer able to sustain their...

Residential possessions also fell 8% between Q1 and Q2.

LiveMore is reducing the initial period of assessment for CCJs and credit defaults from three years to 18 months.

Residential and buy-to-let arrears both decreased in Q1, however repossessions edged up.

New arrears cases also increased for the first time since 2023.

Residential possessions fell by 13% compared to the previous quarter and are significantly below the long-term average.

Arrears decline for third consecutive quarter while households maintain payment discipline heading into holidays.

While possession numbers increased slightly, overall numbers remain significantly lower than long-term averages.