Home repossessions 44% higher in the North than South

Total repossession court-orders fell 10 per cent, with numbers falling in every region of
England and Wales

The rate of home repossessions was 44% higher in the North than
in the South in 2013, according to research from e.surv chartered
surveyors.

Its analysis of court-ordered repossessions in England and Wales in 2013 shows there were 5.6 repossessions per 1,000 households in the North, compared to 3.9 per 1,000 households in the South. This compares to 6.3 and 4.4 respectively in 2012.

The North West, North East and Wales were repossession blackspots in 2013, with 6, 5.9 and 5.8 repossessions per 1,000 households respectively. The South West showed the biggest improvement, with repossessions falling 15 per cent over the past year.

"Both the North West and the North East are still paying the price of recession-driven public sector job cuts which stimulated a glut of local repossessions," said Richard Sexton, director of e.surv chartered surveyors. "The whole country is now in recovery, but the North has the furthest to go to catch up, and is comparatively lagging behind.2

Total repossession court-orders fell 10 per cent from 59,588 in 2012 to 53,325 in 2013, with numbers falling in every region of England and Wales.

In total, 86 per cent of towns in the North West had more repossessions than the average in England and Wales in 2013. North-West town Oldham had the highest rate of repossessions – with 8.6 per 1,000 households, almost double the average number in England and Wales (4.7). Other North West towns in the top ten repossession postcodes included Wigan (fourth highest with 7.4), Blackpool (fifth with 7.0), Liverpool (ninth with 6.9) and Manchester (tenth highest with 6.8).

Lancaster (4.6) and Carlisle (4.1) were the only towns in the North West to have lower than the average number of repossessions. Carlisle saw repossessions fall 26 per cent year-on-year, and Harrogate experienced a fall of 23 per cent.

Repossessions are falling more slowly in London than in any other region of the UK. The repossessions rate in the capital fell eight per cent between 2012 and 2013, compared to 11 per cent across England and Wales.

"London may be the nerve centre of the UK, but it is not improving as quickly as other regions in terms of repossessions," said Richard Sexton."Punitively high house prices mean there are a whole host of buyers on the outskirts of the capital who are struggling to keep up with mortgages repayments. Areas like Romford, Croydon and South East London still have high levels of repossessions."

Discover more property articles at Homes and Property
Property
pets
Arts and Entertainment
tvGame of Thrones season 5 ep 4, review - WARNING: contains major spoiliers!
Arts and Entertainment
tvThe C-Word, TV review
Arts and Entertainment
The Ridiculous Six has been produced by Adam Sandler, who also stars in it
filmNew controversy after nine Native American actors walked off set
Property search
Latest stories from i100
Have you tried new the Independent Digital Edition apps?
Independent Dating
and  

By clicking 'Search' you
are agreeing to our
Terms of Use.

iJobs Job Widget
iJobs General

Recruitment Genius: Senior Digital Marketing Consultant

£28000 - £45000 per annum: Recruitment Genius: A Senior Digital Marketing Cons...

Recruitment Genius: Assistant Stores Keeper

£16640 - £18500 per annum: Recruitment Genius: An Assistant Stores Keeper is r...

Recruitment Genius: Claims Administrator

£16000 - £18500 per annum: Recruitment Genius: This is an excellent opportunit...

Recruitment Genius: Software Developer - C# / ASP.NET / SQL

£17000 - £30000 per annum: Recruitment Genius: Developer required to join a bu...

Day In a Page

Fishing for votes with Nigel Farage: The Ukip leader shows how he can work an audience as he casts his line to the disaffected of Grimsby

Fishing is on Nigel Farage's mind

Ukip leader casts a line to the disaffected
Who is bombing whom in the Middle East? It's amazing they don't all hit each other

Who is bombing whom in the Middle East?

Robert Fisk untangles the countries and factions
China's influence on fashion: At the top of the game both creatively and commercially

China's influence on fashion

At the top of the game both creatively and commercially
Lord O’Donnell: Former cabinet secretary on the election and life away from the levers of power

The man known as GOD has a reputation for getting the job done

Lord O'Donnell's three principles of rule
Rainbow shades: It's all bright on the night

Rainbow shades

It's all bright on the night
'It was first time I had ever tasted chocolate. I kept a piece, and when Amsterdam was liberated, I gave it to the first Allied soldier I saw'

Bread from heaven

Dutch survivors thank RAF for World War II drop that saved millions
Britain will be 'run for the wealthy and powerful' if Tories retain power - Labour

How 'the Axe' helped Labour

UK will be 'run for the wealthy and powerful' if Tories retain power
Rare and exclusive video shows the horrific price paid by activists for challenging the rule of jihadist extremists in Syria

The price to be paid for challenging the rule of extremists

A revolution now 'consuming its own children'
Welcome to the world of Megagames

Welcome to the world of Megagames

300 players take part in Watch the Skies! board game in London
'Nymphomaniac' actress reveals what it was really like to star in one of the most explicit films ever

Charlotte Gainsbourg on 'Nymphomaniac'

Starring in one of the most explicit films ever
Robert Fisk in Abu Dhabi: The Emirates' out-of-sight migrant workers helping to build the dream projects of its rulers

Robert Fisk in Abu Dhabi

The Emirates' out-of-sight migrant workers helping to build the dream projects of its rulers
Vince Cable interview: Charging fees for employment tribunals was 'a very bad move'

Vince Cable exclusive interview

Charging fees for employment tribunals was 'a very bad move'
Iwan Rheon interview: Game of Thrones star returns to his Welsh roots to record debut album

Iwan Rheon is returning to his Welsh roots

Rheon is best known for his role as the Bastard of Bolton. It's gruelling playing a sadistic torturer, he tells Craig McLean, but it hasn't stopped him recording an album of Welsh psychedelia
Russell Brand's interview with Ed Miliband has got everyone talking about The Trews

Everyone is talking about The Trews

Russell Brand's 'true news' videos attract millions of viewers. But today's 'Milibrand' interview introduced his resolutely amateurish style to a whole new crowd
Morne Hardenberg interview: Cameraman for BBC's upcoming show Shark on filming the ocean's most dangerous predator

It's time for my close-up

Meet the man who films great whites for a living