In its latest report for Q2 2025, UK Finance has released updated data on mortgage arrears and possessions, shedding light on the state of the UK mortgage market amidst ongoing economic uncertainties.
OBR warns in their Budget report that UK homeowners, self-builders and renovators face years of higher borrowing costs.
While home repossessions have increased, the number of mortgages in arrears has fallen, according to the figures from UK Finance.