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Repossessions up 50% and data indicates rise will continue
In the first quarter of 2023, the challenging economic conditions, with the rise in cost of living, has led to a significant increase in home repossessions, with over 1,000 properties being taken back by lenders due to borrowers struggling to meet their mortgage obligations.
UK areas where house prices have risen the most in the last decade
Following on from our latest blog post where we provided commentary on UK house prices rising for the third month in a row, we are going to look are UK areas where house prices have risen the most in the last decade.
Where are the Repossession Hotspots in Yorkshire for 2023?
Our next deep-dive into the latest Gov.uk repossession figures see us reviewing the areas within Yorkshire and The Humber. In this article, we’ll look back on the number of repossessed properties recorded for 2022 and how this compares to previous periods in order for us to locate some key hotspots for investors searching for […]
UK house prices rise for third month in a row
The UK housing market is showing resilience as house prices edge higher in March according to the latest price index from Halifax. The increase has defied economists’ expectations of a 0.3% fall. The average house price in the UK now sits at £287,880 which results in a monthly increase of 0.8% and an annual […]
Where are the Repossession Hotspots for West Midlands in 2023?
Over the past few weeks, Repossessedhousesforsale.com have been breaking down the most recent Gov.uk repossession figures. We’ve reviewed multiple regions so far but next up is West Midlands where we’ll deep dive into the data to see if there’s any repossession hotspots to look out for in 2023.
