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Evening Standard
Evening Standard
Politics
Vicky Shaw

Home repossessions jumped annually in the third quarter of 2024

StepChange UK Finance
The number of homeowner-mortgaged property repossessions jumped by 39% in the third quarter of 2024 compared with the same period a year earlier, according to figures from UK Finance (Joe Giddens/PA) - (PA Archive)

The number of homeowner-mortgaged properties being repossessed jumped 39% in the third quarter of 2024 compared to the same period a year earlier, according to a body representing the banking and finance sector.

Some 990 homeowner properties were repossessed in the third quarter – a 1% increase compared with the second quarter of this year, according to figures from UK Finance.

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