Property repossessions hit £426m over the last year

Property repossessions hit £426m over the last year

Across England and Wales, there have been just shy of 2,500 homes repossessed over the last year with an estimated market value of £426m - and that’s just their value as a repossession, not their value if sold in the current market.

Property purchasing specialist, HBB Solutions, has revealed where across the property market holds the unsavoury title of the nation’s repossession hotspot, as well as the huge loss in value that these unfortunate sellers face on the value of their home.
To continue reading, please click here.
Source: Property Reporter


Get in touch with us

For tenants, April is a useful point to pause and plan. With rents still rising across the UK and the first phase of rental reform approaching in England, this is a good time to review your budget, renewal options and next move.

Bungalows may form a small part of the UK housing stock, yet their value tells a much bigger story. With limited supply and strong demand, prices vary widely by region. To learn more please click the link to read on.

Welcome to Attleborough’s property market update. This week’s snapshot reflects a slight shift driven by the mix of homes for sale rather than underlying values. It’s a useful gauge for homeowners and landlords, offering insight into market health and how your property fits within current local trends.

If you step back, a familiar pattern emerges. We rent when young, buy as life settles, and often own outright later on. Yet it’s not the same for everyone, with more people renting into later life. Property reflects life stages, choices and timing. To learn more, click the link and read on.