7th February 2025
700 buy to let homes repossessed as landlords struggle with mortgages
Data from the UK Finance trade body shows that some 700 buy-to-let mortgaged properties were repossessed in the fourth quarter of 2024. This was roughly unchanged from the previous quarter and 30% higher than the same period a year earlier. Among landlords, 12,610 buy-to-let mortgages were in arrears of 2.5% or more of the outstanding...
