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.

  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 […]

  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.

  In early February, Gov.uk released the latest repossession figures which covered the period of October-December 2022. Repossessedhousesforsale.com has been reviewing the data and helping investors find hotspots when searching for repossessed properties for sale in 2023. We’ve covered every region in England so our final deep dive looks at the latest repossession figures for […]

  Over the past few weeks, we have been analysing the latest Gov.uk repossession figures which covers October-December 2022. From reviewing the UK as a whole, to taking a deep dive into the subsequent regions, we’ve looked at the figures to help investors find hotpots when searching for a repossessed property in 2023. Our penultimate […]