In a challenging economic climate, many UK homeowners are increasingly relying on credit to manage their mortgage payments. The recent data draws attention to several critical…
As mortgage arrears climb, more borrowers are turning to credit sources to manage their monthly payments, reflecting broader economic pressures.Homeowner mortgage arrears have surged 8% over…
The financial strain on UK mortgage holders has increased, with one in four turning to credit to meet payments.A significant 8% rise in mortgage arrears and…
The UK mortgage landscape faces intense pressure, with arrears on the rise.An 8% increase in homeowner mortgage arrears has been observed year-on-year.Mortgage possessions have surged by…
Highlighting a complex landscape, recent data from UK Finance indicates a mixed picture in the mortgage sector.The third quarter of 2024 saw a 3% reduction in…
The third quarter of 2024 saw a notable decline in mortgage arrears across the UK, despite an uptick in home repossessions.Homeowner mortgages in arrears decreased by…
The latest data highlights a positive trend in mortgage arrears despite an overall increase in home repossessions.Homeowner mortgage arrears experienced a 3% drop in Q3 2024,…
UK Finance’s recent report highlights a significant surge in buy-to-let lending during Q2 2024, marking a pivotal moment for the market.The period saw 51,459 new buy-to-let…
