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Repossessions down across uk by up to 39 per cent

Posted on Wednesday, July 23, 2014

Latest figures show that repossessions have dropped in every region of the UK with falls in the past year ranging from 10 to 39 per cent.

But behind the good news there is a large north-south divide with repossessions volumes, even after the recent falls, far greater in northern England than in the south.

The Land Registry’s figures are based on data from the month of October 2013, contrasted with the same month a year earlier:

  October 2012 October 2013  Difference 
East Anglia 133 98 -26%
East Midlands 93 153 -39%
London 148 102 -31%
North East 36 40 -10%
North West 367 252 -31%
South East  202 131 -35%
South West  98 60 -39%
Wales 114 105 -8%
West Midlands 130 87 -33%
Yorkshire & Humberside 251 165 -34%
ALL UK 1,636 1,129 -31%