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    • Property Repossession

Property Repossession Newsletter
  • UK Finance: Repossessions rise, but mortgage arrears has fallen 06 Feb 2025 16:53 GMT

    UK Finance today releases its latest mortgage arrears and possessions data for Q4 2024, while highlighting continuing lender support for any customers facing financial difficulty. The number of homeowner mortgages in arrears fell by two per cent in Q4 2024 …

  • Home repossessions increase but mortgage arrears on ‘downward trend’ 06 Feb 2025 11:09 GMT

    … said. The number of homeowners having their property repossessed increased towards the … . UK Finance emphasised that while home repossessions have increased, the overall numbers … be the case across all households, and lenders will support anyone …

  • Hiked-up mortgages led to home repossessions 06 Feb 2025 10:11 GMT

    … in the number of households receiving financial help through … support is in place for households who are struggling. “The … we’ve extended the Household Support Fund again and are … stay in their homes without fear of repossession by contributing towards …

  • Minns pumps repossession and renovation fix for NSW public housing 06 Feb 2025 01:16 GMT

    The NSW government is redesigning Sydney’s public housing for quick builds; the Wade Street Towers project is expected to be finished by year’s end. NSW Premier Chris Minns. (AAP Image/Bianca De Marchi) The Minns government is reviving stalled public …

  • Couple's fury as they are wrongly charged £70,000 by council for extension at their home after 'failing to fill out the correct paperwork' 05 Feb 2025 12:23 GMT

    … usually applied to major housebuilding projects to help councils … the money or risk repossession of their home in Godalming, Surrey … is typically levied on housebuilders and developers but any … to a property is potentially liable. Home extensions and …

  • High rise residents feel ‘trapped’ as they wait for their homes to be made safe 05 Feb 2025 02:21 GMT

    … cases I am afraid, repossession.” Remediation work Leaseholders at … to start work.” Vega House is the tallest apartment block … block called Lady Isle House had to be moved … affect their homes. “Through our remediation programme all residential buildings over …

  • Balloon Loan: What It Is, How It Works, Example, and Pros & Cons 07 Feb 2025 23:59 GMT

    … are popular in construction and home flipping. Investopedia / … unable to sell the property at a high enough … industry and for home flippers. Contractors or real estate investors use … lead to foreclosure and repossession of property. Defaulting will ruin …

  • Foreclosures are drying up — and it’s showing in sales data 06 Feb 2025 00:01 GMT

    … unemployment could cause more homeowners to become delinquent on … scheduled auctions and bank repossessions) dropped 10% in the … by the foreclosing lender as real estate-owned (REO) declined … developers buying at distressed property auctions is often sensitive …

  • A Fourth Reich? It’s Not Just a Bad Dream 08 Feb 2025 14:56 GMT

    … his minions have done their homework, having written much of it … of its territory, Panama with repossession of its canal, Canada with … his expansionist conquests. On the home front, it’s worse. The … slim margins in both the House and Senate, seems less inclined …

  • Police Log: February 8, 2025 08 Feb 2025 14:33 GMT

    … duty at Ferguson Lee Funeral Home 1:29 p.m. Medical … Drive 2:06 p.m. Property damage reported in the 1000 … Mitchell 7:14 a.m. Repossession in the 700 block of … Bedford 7:59 p.m. Property damage accident in the 11000 …

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