Repossession Numbers Highest In Cities

The Spicerhaart Corporate Sale report was released earlier this week and it didn’t make great reading for those owning property in London, or any UK city or any home-owner in the country really. According to the report, the league of repossession hotspots in the UK is topped by London, which experienced 166% more than 2nd placed Birmingham

The findings revealed that none of the biggest 5 UK cities fared well with Manchester, Liverpool and Belfast coming in 3rd, 4th and 5th respectively. Those living in the city often paid the highest prices to procure a property but with high unemployment and even higher numbers of defaulting home-owners have really struggled.

Tags: , , ,

Leave a Reply