Repossessions of private individual mortgages in England and Wales Q1 2010-Q1 2021

Published by Statista Research Department, Oct 11, 2023
Repossessions occur when a borrower fails to repay their loan on time and the lender takes possession of the property. To avoid a spike in repossessions during the wake of the coronavirus (COVID-19) crisis, the Financial Conduct Authority (FCA) introduced a mortgage payment holiday with the option of borrowers to access payment deferrals.

In the period between the second quarter of 2020 and the first quarter of 2021, the number of repossessions of mortgages to private individuals in England and Wales dropped to nearly zero. In comparison, in 2011, repossessions in Midlands alone measured over 1,700.

Number of repossessions of mortgages to private individuals by courts in regions of England and Wales from 1st quarter 2010 to 1st quarter 2021, by region

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Release date

May 2021

Region

United Kingdom

Survey time period

Q1 2010 to Q1 2021

Supplementary notes

Figures are seasonally adjusted.
This statistic is using original data from the Government Digital Service and includes copyright material from © Crown, licensed under the Open Government License v3.0

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