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Repossession orders tumble by 90%-plus: Ministry of Justice


13
th May 2021
2:21 pm
Mortgage repossession claims “dropped to unprecedentedly low levels”, according to the Ministry of Justice data in the first three months of the year, but as lockdown restrictions ease brokers fear sharp rises.
Possession claims, orders, warrants and repossessions by county court bailiffs plummeted by 85%, 96%, 99% and almost 100% respectively, in the period compared to a year ago.
While landlord possession claims, orders, warrants and repossessions by county court bailiffs plunged by 74%, 72%, 80% and 96% respectively.
The Ministry of Justice says: “The Financial Conduct Authority announcements and the passing of the Coronavirus Act in March 2020 means that possession actions of all types have dropped to unprecedentedly low levels. ....

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DLC, Newton and Mortgage Centre Canada win Mortgage Awards of Excellence for 2020 TSX Venture Exchange:DLCG


Dominion Lending Centres Inc.
Best Media / Marketing Campaign of the Year
Best Newcomer Brokerage (DLC Valko Financial)
Regional Brokerage of the Year BC – (DLC White House Mortgages)
Newton Connectivity Systems Inc.
Mortgage Centre Canada Inc.
Regional Brokerage of the Year Alberta (MMG Mortgages)
Eddy Cocciollo, President of Dominion Lending Centres Inc., noted: On behalf of the entire DLC team, we d like to thank all of our owners and mortgage professionals for all of their hard work in 2020. Being named the National Network of the Year is extra special given all of the challenges that this last year presented. I d also like to congratulate DLC Valko Financial and DLC White House Mortgages, along with our VP of Marketing, Kate Brady and her team for winning the Best Marketing Campaign award. ....

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