Yorkshire Post - Property

Concerns over mortgage arrears


Data: New figures that show rising numbers of homeowners are severely behind with their mortgage payments are “deeply alarming”, a property group says.

New data shows that 30,010 homeowner mortgages with significan­t arrears of 10 per cent or more of the outstandin­g balance were recorded in the fourth quarter of 2021.

This was 350 more cases than the previous quarter. The National Associatio­n of Property Buyers warns that we have “yet to hit the peak” of this problem due to the cost of living crisis.

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