Related topic: Arrears

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.

The number of homeowner possessions increased by 10% between Q1 and Q2. 

One council says it would have to raise taxes by 27.4% to cover the cost.

We spoke to David Miller, divisional director at Spicerhaart Corporate Sales, about the current state of arrears and possessions, what role advisers play in minimising the risk of...

The Court of Appeal has clarified the meaning of arrears under the Debt Respite Scheme.

Possessions increased during Q1, but remain significantly lower than long-term averages.