Property Facts

REPOSSESSIONS AT A 37-YEAR LOW

Just 6,950 homes were repossessed during 2018, the equivalent of just 0.06% of all homes with an outstanding mortgage. Repossessions are at their lowest level since 1981, with nearly 700 fewer properties repossessed than in 2017. To put this figure in perspective, there were nearly 50,000 repossessions at the height of the financial crisis in […]

Property Facts

UK HOUSEHOLD SPEND

At £572.60, average weekly expenditure (all costs, adjusted for inflation) per household in the UK is at it its highest level since the financial year 2004–2005, according to data published in January 2019 by the Office for National Statistics. At £632.00 per week, households in owner occupation spend on average £52 more per week than […]