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Drop in number of mortgages in arrears ahead of cost of living squeeze

The number of homeowners in arrears on their mortgage continued to decline in the fourth quarter of 2021, despite the removal of the government’s furlough scheme at the end of the September. Figures from the UK Finance show there were a total of 79,620 homeowner mortgages in arrears at the end of December 2021. This ....

United Kingdom , Paul Heywood , United Kingdom Finance , Kingdom Finance , Possession Moratorium , Open Banking ,

Households in early arrears fall in second quarter: UK Finance

The number of residential households in early arrears fell from 28,670 to 26,560 between Q2 2020 and Q2 2021 – or by just over 7% - shows new data from UK Finance. Early arrears constitutes households in arrears of 2.5% to 5% of their balance. The number of households in significant arrears – that is, those with an ....

United Kingdom , Eric Leenders , Kingdom Finance , United Kingdom Finance , Possession Moratorium , Bluestone Mortgages , Steve Seal , ஒன்றுபட்டது கிஂக்டம் , கிஂக்டம் நிதி , ஒன்றுபட்டது கிஂக்டம் நிதி , புளூஸ்டோன் அடமானங்கள் , ஸ்டீவ் முத்திரை ,