Mortgages: One house repossessed every 10 minutes

26 January 2009
New figures have shown that one house was repossessed every 10 minutes in the third quarter of 2008, as increasing numbers of homeowners struggled with mortgage arrears.... read more »

`More optimistic` figures from the Council of Mortgage Lenders

1 June 2009
New figures from the Council of Mortgage Lenders (CML) indicate that the housing market might not be quite as bleak as expected, in terms of repossessions.... read more »

Fall in mortgage arrears and repossessions

11 February 2010
According to figures from the Council of Mortgage Lenders (CML), mortgage lenders took a total of 10,200 properties into possession during the final quarter of 2009 - 13% lower than in the third quarter of the year. And as the CML puts it, `this figure reflects the number of possessions taken by first charge lenders on both home-owner and buy-to-let mortgages`.... read more »