Call us on 0333 014 6150

Repossession of homes falls 17% from January to April 2013

8,000 properties were repossessed in the first quarter of 2013 compared to the first half of this quarter and of those most were on buy to let mortgages than from owner occupied homes.

The buy to let sector is still growing as the buy to let mortgage lending accounted for 13.4 % of the total mortgage market and is up 13% from the previous quarter.

Low interest rates, employment the relaxing of the mortgage lending rules and Government policy were helping the public keep hold of their homes.

 

We offer a friendly, efficient and effective legal advice on any area of personal law.

Get in touch for a free quote or advice, without obligation. Why not Ask a Question

Get a Free Quote

For a Free quote without obligation, get in touch below...

Join our mailing list