File: /home/roofmagazine.org.uk/public_html/roofblog/2010/03/home_repossessions_rise_by_15.html
<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Strict//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-strict.dtd">
<html>
<head>
<meta http-equiv="Content-Type" content="text/html; charset=UTF-8"/>
<title>ROOF Magazine - ROOF Blog - Mortgage approvals fall for third consecutive month</title>
<link rel="canonical" href="https://roofmagazine.org.uk/roofblog/2010/03/home_repossessions_rise_by_15" />
<link rel="shortcut icon" href="../../../images/roof/favicon.ico"/>
<meta name="Title" content="ROOF Magazine - Mortgage approvals fall for third consecutive month"/>
<meta name="Description" content="The number of mortgages approved for house purchase fell for the third month in a row during February as the housing market continued to show…"/>
<meta name="Subject" content="Mortgage approvals fall for third consecutive month"/>
<meta name="Publisher" content="ROOF Magazine, Shelter, 88 Old Street, London EC1V 9HU United Kingdom; roof@shelter.org.uk."/>
<meta name="Date" content="30 March 2024"/>
<meta name="Keywords" content="mortgage, debt, housing market, bank of england, Bank of England, borrower, lending, lender, loans, borrowing"/>
<link rel="stylesheet" type="text/css" href="../../../roof_styles/reset.css"/>
<link rel="stylesheet" type="text/css" href="../../../roof_styles/roofstyles.css"/>
<script type="text/javascript" src="../../../scripts/jquery.js"></script>
<script type="text/javascript" src="../../../roof_scripts/basicscripts.js"></script>
<script type="text/javascript" src="../../../roof_scripts/blog_scripts.js"></script>
<!--[if lt IE 7]>
<link rel="stylesheet" type="text/css" href="http://www.roofmagazine.org.uk/roof_styles/ie_less_seven.css" />
<![endif]-->
<!--[if lte IE 6]>
<style type="text/css">
.clearfix { height: 1%; }
</style>
<![endif]-->
<!--[if IE 7]>
<style type="text/css">
.clearfix {display:inline-block;}
</style>
<![endif]-->
</head>
<body>
<script type="text/javascript">
try {
} catch(err) {}</script>
<!--div id="baseline"></div-->
<!--div id="columns"><div id="columns_bg"></div></div-->
<div id="container" class="clearfix">
<a name="topofpage"></a>
<div class="line" id="adbar60">
<div id="toplh_ad">
<a href="/" target="_blank"><img src="../../../openx/www/images/homelessness_conf_2010.homelessanim.gif" width="468" height="60" alt="Lime Legal" title="Lime Legal" border="0"/></a><div id="beacon_f03d6bbce4" style="position: absolute; left: 0px; top: 0px; visibility: hidden;"></div>
</div>
<div id="toprh_ad">
<a href="/" target="_blank"><img src="../../../openx/www/images/localgovbanner.gif" width="468" height="60" alt="LocalGov" title="LocalGov" border="0"/></a><div id="beacon_b87bb22fe8" style="position: absolute; left: 0px; top: 0px; visibility: hidden;"></div>
</div>
</div>
<div class="line">
<div class="item" id="header">
<div class="sap-content">
<a href="/"><img src="../../../images/roof/roof_logo_final.png" alt="ROOF - For better housing" id="roof_logo"/></a>
<ul id="main_navigation">
<li><a href="../../../roofblog">Blog</a></li>
<li><a href="../../../features">Features</a></li>
<li><a href="../../../opinion">Opinion</a></li>
<li><a href="../../../jobs">Jobs</a></li>
<li><a href="../../../diary">Diary</a></li>
<li class="final_item"><a href="../../../about">About ROOF</a></li>
</ul>
<form method="post" action="/">
<div class="hiddenFields">
<input type="hidden" name="ACT" value="19"/>
<input type="hidden" name="XID" value="0dd7ddc5a2cc50e86282679e4778c4cb"/>
<input type="hidden" name="RP" value="search&#47;results"/>
<input type="hidden" name="NRP" value=""/>
<input type="hidden" name="RES" value="10"/>
<input type="hidden" name="status" value=""/>
<input type="hidden" name="weblog" value="features|diary|roofblog|opinion|about"/>
<input type="hidden" name="search_in" value="everywhere"/>
<input type="hidden" name="where" value="all"/>
<input type="hidden" name="site_id" value="1"/>
</div>
<div id="searchbox">
<input type="text" name="keywords" id="main_searchfield" value="Search this site"/>
<button id="main_search_button" type="submit"></button>
</div>
</form>
<div id="subscription_promo">
<p id="promo_text">Online access is now Free. If you have an existing subscription <a href="../../../subscriptions">click here</a> for more information</p>
<!--p id="password_reminder"><a href="https://roofmagazine.org.uk/subscriptions/reset_password.php">Forgot your password?</a></p-->
</div>
<!--div id="login_instruction">Login for your online access: </div--><!--div class="item" id="login_box"><form method="post" action="http://www.roofmagazine.org.uk/" >
<div class='hiddenFields'>
<input type="hidden" name="XID" value="efbed0ba2512af150da51e9ab486aabd" />
<input type="hidden" name="ACT" value="9" />
<input type="hidden" name="RET" value="//roofblog/2010/03/home_repossessions_rise_by_15" />
<input type="hidden" name="site_id" value="1" />
</div>
<input type="text" id="login_user_name" value="ROOF reference" name="username" />
<input type="password" id="login_password" value="Password" name="password" />
<input type="submit" name="submit" value="Login" id="login_button" />
</form>
</div-->
</div>
</div>
</div>
<div class="line clearfix">
<div class="item" id="content_column_blog">
<ul id="breadcrumb_trail" class="clearfix">
<li><a href="/">ROOF</a></li>
<li><a href="../../../roofblog">ROOF Blog</a></li><li><a href="../../../roofblog/2010/03">March 2010</a></li>
<li>Mortgage approvals fall for third consecutive month</li></ul>
<div id="blog_single">
<div class="blog_item clearfix">
<h1>Home repossessions rise by 15%</h1>
<div class="clearfix">
<div class="post_details">
<p class="blog_date">17/03/2024</p>
<p class="blog_author"><strong>Posted by:</strong><br/>Renata Watson</p>
</div>
<div class="summary">
<p>FSA figures show <a href="http://www.telegraph.co.uk/finance/personalfinance/borrowing/mortgages/7457295/Home-repossessions-rise-by-15pc.html" title="54,055 people had their properties repossessed during 2009">54,055 people had their properties repossessed during 2009</a>, up from 46,945 in 2008. But there was a fall in both the number of repossessions and the number of people who were unable to keep up with their mortgage during the final quarter of the year. Around 11,800 homes were repossessed during the final three months of 2009, 15% fewer than during the previous quarter. The figures are broadly in line with ones reported by the Council of Mortgage Lenders (CML) for 2009, which showed that 46,000 people had their home repossessed during the year, the highest level since 1995. The FSA’s figures are higher than the CML ones because they include second-charge mortgages and loans advanced by lenders who are not CML members.
</p>
</div>
<div class="blogbody">
</div>
<div class="blogextended">
</div>
</div>
<div class="blog_tags">
<div id="sharethis">
<a href="http://www.addthis.com/bookmark.php" onclick="return addthis_open(this, 'email', '[URL]', '[TITLE]');" border="0" class="at_email">Email this</a>
<a href="http://www.addthis.com/bookmark.php?v=250&pub=xa-4a48c802796d85f1" onmouseover="return addthis_open(this, '', '[URL]', '[TITLE]')" onmouseout="addthis_close()" onclick="return addthis_sendto()" class="at_share">Share this</a>
<script type="text/javascript" src="../../../js/250/addthis_widget-pub-xa-4a48c802796d85f1.js"></script>
</div>
<p><strong>Tags: </strong><a href="../../../roofblog/tags/tag/mortgage" title="mortgage">mortgage</a>, <a href="../../../roofblog/tags/tag/arrears" title="arrears">arrears</a>, <a href="../../../roofblog/tags/tag/repossession" title="repossession">repossession</a>, <a href="../../../roofblog/tags/tag/homeowner" title="homeowner">homeowner</a>, <a href="../../../roofblog/tags/tag/FSA" title="FSA">FSA</a>, <a href="../../../roofblog/tags/tag/borrower" title="borrower">borrower</a>, <a href="../../../roofblog/tags/tag/CML" title="CML">CML</a>, <a href="../../../roofblog/tags/tag/lender" title="lender">lender</a>, <a href="../../../roofblog/tags/tag/loans" title="loans">loans</a>, <a href="../../../roofblog/tags/tag/reposses" title="reposses">reposses</a<>
</div>
<div id="nextprev" class="clearfix">
<p id="previous_link"><strong>Previous article:</strong> <a href="../../../roofblog/2010/03/new_breed_of_affordable_modular_homes">New breed of affordable modular homes</a></p>
<p id="next_link"><strong>Next article</strong> <a href="../../../roofblog/2010/03/assured_shorthold_tenancy_threshold_will_increase_to_pound100k_in_october">Assured shorthold tenancy threshold will increase to £100k in October</a></p>
</div>
</div>
<div id="comment_list">
<a name="comments"></a>
<h3>Comments:</h3>
<div class="comment_text">
<p>No comments have been made on this article yet.</p>
</div>
</div>
<form id="comment_form" method="post" action="../../../roofblog/2010/03/home_repossessions_rise_by_15">
<div class="hiddenFields">
<input type="hidden" name="ACT" value="1"/>
<input type="hidden" name="RET" value="http://www.roofmagazine.org.uk/roofblog/2010/03/home_repossessions_rise_by_15/"/>
<input type="hidden" name="URI" value="/roofblog/2010/03/home_repossessions_rise_by_15/"/>
<input type="hidden" name="PRV" value=""/>
<input type="hidden" name="XID" value="76e4ebcdc5b7d53bb34724e90f1c47a8"/>
<input type="hidden" name="entry_id" value="2906"/>
<input type="hidden" name="site_id" value="1"/>
</div>
<div id="comment_input">
<h3>Leave a comment</h3>
<p id="comment_name_field"><label for="comment_name">Name:</label><br/><input name="name" id="comment_name" type="text" value=""/></p>
<p id="comment_email_field"><label for="comment_email">Email:</label><br/><input name="email" id="comment_email" type="text" value=""/></p>
<p><textarea name="comment" id="comment" cols="50" rows="10"></textarea></p>
<div id="captcha_fields">
<p>Enter the word you see below:<br/> <input type="text" name="captcha" value="" size="20" maxlength="20"/></p>
</div>
<p><input type="submit" name="submit" value="Submit" id="submit_comment"/></p>
<!--p><input type="submit" name="preview" value="Preview" id="preview_comment" /></p-->
</div>
</form>
</div>
</div>
<div id="blog_rh_col" class="item">
<div id="mpu_ad_area">
<a href="/" target="_blank"><img src="../../../openx/www/images/hcsroofbanner.gif" width="300" height="250" alt="Housing Care and Support conference" title="Housing Care and Support conference" border="0"/></a><div id="beacon_a45eb5b2e5" style="position: absolute; left: 0px; top: 0px; visibility: hidden;"></div>
</div>
<div class="" id="blog_tags_column_nested">
<form id="mailinglist_form" method="post" action="/">
<div class="hiddenFields">
<input type="hidden" name="XID" value="f68ebb425186848f13113d4a2e8f0c16"/>
<input type="hidden" name="ACT" value="3"/>
<input type="hidden" name="RET" value="http://www.roofmagazine.org.uk/roofblog/2010/03/home_repossessions_rise_by_15/"/>
<input type="hidden" name="list" value="blog_notification"/>
<input type="hidden" name="site_id" value="1"/>
</div>
<div id="mailinglistbox" class="clearfix">
<h3>Join the ROOF mailing list</h3>
<p>Receive notification via email of new posts on the ROOF Blog</p>
<p><input id="mailing_email" type="text" name="email" value="Your email"/></p>
<p><input id="mail_submit" type="submit" value="Submit"/></p>
</div>
</form>
<div id="tag_cloud">
<h3>All tags</h3>
<div id="cloud">
<a href="../../../roofblog/tags/tag/2020" title="2020" style="font-size:10px;">2020,</a>
<a href="../../../roofblog/tags/tag/A-E" title="A&E" style="font-size:10px;">A&E;,</a>
<a href="../../../roofblog/tags/tag/accessibility" title="accessibility" style="font-size:10px;">accessibility,</a>
<a href="../../../roofblog/tags/tag/accommodation" title="accommodation" style="font-size:10px;">accommodation,</a>
<a href="../../../roofblog/tags/tag/activism" title="activism" style="font-size:10px;">activism,</a>
<a href="../../../roofblog/tags/tag/admissions" title="admissions" style="font-size:10px;">admissions,</a>
<a href="../../../roofblog/tags/tag/adults" title="adults" style="font-size:10px;">adults,</a>
<a href="../../../roofblog/tags/tag/advertising" title="advertising" style="font-size:10px;">advertising,</a>
<a href="../../../roofblog/tags/tag/advice" title="advice" style="font-size:10px;">advice,</a>
<a href="../../../roofblog/tags/tag/advice-service" title="advice service" style="font-size:10px;">advice service,</a>
<a href="../../../roofblog/tags/tag/affluence" title="affluence" style="font-size:10px;">affluence,</a>
<a href="../../../roofblog/tags/tag/affordability" title="affordability" style="font-size:18px;">affordability,</a>
<a href="../../../roofblog/tags/tag/affordability" title="Affordability" style="font-size:12px;">Affordability,</a>
<a href="../../../roofblog/tags/tag/affordable" title="affordable" style="font-size:10px;">affordable,</a>
<a href="../../../roofblog/tags/tag/affordable-homes" title="affordable homes" style="font-size:16px;">affordable homes,</a>
<a href="../../../roofblog/tags/tag/affordable-housing" title="affordable housing" style="font-size:12px;">affordable housing,</a>
<a href="../../../roofblog/tags/tag/affordable-rent" title="affordable rent" style="font-size:10px;">affordable rent,</a>
<a href="../../../roofblog/tags/tag/ageing-population" title="ageing population" style="font-size:10px;">ageing population,</a>
<a href="../../../roofblog/tags/tag/agency" title="agency" style="font-size:10px;">agency,</a>
<a href="../../../roofblog/tags/tag/agents" title="agents" style="font-size:10px;">agents,</a>
</div>
</div>
<div id="blog_archives">
<h3>Blog archive</h3>
<h4>2010</h4>
<ul id="months_2010">
<li><a href="../../../roofblog/2010/03">March 2010</a></li>
<li><a href="../../../roofblog/2010/02">February 2010</a></li>
<li><a href="../../../roofblog/2010/01">January 2010</a></li>
</ul>
<h4>2009</h4>
<ul id="months_2009">
<li><a href="../../../roofblog/2009/12">December 2009</a></li>
<li><a href="../../../roofblog/2009/11">November 2009</a></li>
<li><a href="../../../roofblog/2009/10">October 2009</a></li>
<li><a href="../../../roofblog/2009/09">September 2009</a></li>
<li><a href="../../../roofblog/2009/08">August 2009</a></li>
<li><a href="../../../roofblog/2009/07">July 2009</a></li>
<li><a href="../../../roofblog/2009/06">June 2009</a></li>
<li><a href="../../../roofblog/2009/05">May 2009</a></li>
<li><a href="../../../roofblog/2009/04">April 2009</a></li>
<li><a href="../../../roofblog/2009/03">March 2009</a></li>
<li><a href="../../../roofblog/2009/02">February 2009</a></li>
<li><a href="../../../roofblog/2009/01">January 2009</a></li>
</ul>
<h4>2008</h4>
<ul id="months_2008">
<li><a href="../../../roofblog/2008/12">December 2008</a></li>
<li><a href="../../../roofblog/2008/11">November 2008</a></li>
<li><a href="../../../roofblog/2008/10">October 2008</a></li>
<li><a href="../../../roofblog/2008/09">September 2008</a></li>
<li><a href="../../../roofblog/2008/08">August 2008</a></li>
<li><a href="../../../roofblog/2008/07">July 2008</a></li>
<li><a href="../../../roofblog/2008/06">June 2008</a></li>
<li><a href="../../../roofblog/2008/05">May 2008</a></li>
<li><a href="../../../roofblog/2008/04">April 2008</a></li>
<li><a href="../../../roofblog/2008/03">March 2008</a></li>
<li><a href="../../../roofblog/2008/02">February 2008</a></li>
<li><a href="../../../roofblog/2008/01">January 2008</a></li>
</ul>
<h4>2007</h4>
<ul id="months_2007">
<li><a href="../../../roofblog/2007/12">December 2007</a></li>
<li><a href="../../../roofblog/2007/11">November 2007</a></li>
<li><a href="../../../roofblog/2007/10">October 2007</a></li>
<li><a href="../../../roofblog/2007/09">September 2007</a></li>
<li><a href="../../../roofblog/2007/08">August 2007</a></li>
<li><a href="../../../roofblog/2007/07">July 2007</a></li>
<li><a href="../../../roofblog/2007/06">June 2007</a></li>
<li><a href="../../../roofblog/2007/05">May 2007</a></li>
<li><a href="../../../roofblog/2007/04">April 2007</a></li>
<li><a href="../../../roofblog/2007/03">March 2007</a></li>
<li><a href="../../../roofblog/2007/02">February 2007</a></li>
<li><a href="../../../roofblog/2007/01">January 2007</a></li>
</ul>
<h4>2006</h4>
<ul id="months_2006">
<li><a href="../../../roofblog/2006/12">December 2006</a></li>
<li><a href="../../../roofblog/2006/11">November 2006</a></li>
<li><a href="../../../roofblog/2006/10">October 2006</a></li>
<li><a href="../../../roofblog/2006/09">September 2006</a></li>
</ul>
</div>
</div>
<div class="" id="advertising_column_blog">
<script type="text/javascript"><!--//<![CDATA[
var m3_u = (location.protocol=='https:'?'https://roofmagazine.org.uk/openx/www/delivery/ajs.php':'/');
var m3_r = Math.floor(Math.random()*99999999999);
if (!document.MAX_used) document.MAX_used = ',';
document.write ("<scr"+"ipt type='text/javascript' src='"+m3_u);
document.write ("?zoneid=1");
document.write ('&cb=' + m3_r);
if (document.MAX_used != ',') document.write ("&exclude=" + document.MAX_used);
document.write (document.charset ? '&charset='+document.charset : (document.characterSet ? '&charset='+document.characterSet : ''));
document.write ("&loc=" + escape(window.location));
if (document.referrer) document.write ("&referer=" + escape(document.referrer));
if (document.context) document.write ("&context=" + escape(document.context));
if (document.mmm_fo) document.write ("&mmm_fo=1");
document.write ("'><\/scr"+"ipt>");
//]]>--></script><noscript><a href="/" target="_blank"><img src="../../../openx/www/delivery/avw_php-zoneid-1-cb-INSERT_RANDOM_NUMBER_HERE-n-aa9d368a.jpg" border="0" alt=""/></a></noscript>
<div id="google_160">
<script type="text/javascript"><!--
/* 160x600, created 2/3/09 */
//-->
</script>
</div>
</div>
</div>
</div>
<div class="line">
<div class="item" id="btt">
<p><a href="#topofpage">Back to top of page</a></p>
</div>
</div>
<div class="line">
<div class="item" id="footer">
<div id="footer_menu">
<h3><a href="../../../about">About this site</a></h3>
<ul>
<li><a href="http://england.shelter.org.uk/shop/subscriptions/roof_magazine">Subscriptions information</a></li>
<li><a href="../../../about/copyright">Disclaimer and copyright</a></li>
<li><a href="../../../about/privacy">Privacy policy</a></li>
</ul>
</div>
<p id="roof_contact">© 2005-09 ROOF Magazine | ROOF 88 Old Street, London EC1V 9HU</p>
<script type="text/javascript">
try {
} catch(err) {}</script>
</div>
</div>
</div>
</body>
</html>