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.

  As with the wider UK market, the luxury property market continues to be unpredictable in 2023. Experts have previously forecast a difficult year in a chaotic current climate but recent property price increases have provided investors much optimism.

  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 […]

  Following on from our previous article which looked at the latest Gov.uk repossessions figures in detail and took a deep dive into North West England, we move on to our next region to analyse – East Midlands.