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Posted on 30th May, 2023

Repossessions up 50% and data indicates rise will continue

In the first quarter of 2023, the challenging economic conditions, with the rise in cost of living, has led to a significant increase in home repossessions, with over 1,000 properties being taken back by lenders due to borrowers struggling to meet their mortgage obligations.
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UK property investors set to further invest in 2023

  Over 50% of property investors are set to further invest in 2023 despite the uncertainty surrounding the UK economy climate, with additional investment activity planned by more experienced investors, according to the latest survey from bridging finance broker, Finbri.
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Could risk of mortgage defaults cause a rise in repossessions in the UK?

  More than 750,000 households are at risk of defaulting on their mortgages over the next two years. Rising borrowing costs could make payments less affordable, Britain’s financial regulator has warned.
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What will happen to the repossessed property market this year? Our 2023 Forecast

The UK repossession and property market has seen significant changes in recent years. 2021 saw strong growth as the economy began to recover from the COVID-19 pandemic where, in contrast, 2022 had its struggles.
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Posted on 3rd Feb, 2021

Five simple mistakes to avoid when buying a repossessed property – Investor Guide

If you are just getting started in property investment, or are even a seasoned investor, knowing some of the classic mistakes that others are routinely making in the market will only sharper your
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Posted on 26th Jan, 2021

Everything You Should Consider When Investing in Repossessed Properties – A Quick Guide

A repossessed house is one that has undergone a foreclosure as result of a borrower being unable to consistently meet their mortgage obligations each month. Once a property has been
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Posted on 20th Jan, 2021

Where are the most active repossessed property hotspots around the UK?

Whilst the dust settles from a turbulent year within the property market, ever more data has come to our disposal to help us better understand the regional impact that 2020 had on the repossession
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Posted on 12th Dec, 2020

Differences Between Purchasing a Repossessed Property and a New Build

Are you a first-time buyer looking for that ideal foothold to start a new life in? Are you unsure whether it’s worth looking for a new build property or a repossessed home? It can sometimes be
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