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United Kingdom · Question · Written question

UIN 38633

Mortgages: Defaulters

answeredUnited Kingdom· UK Parliament· EN

Introduced

18 July 2022

Last action

20 July 2022 · Answer

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Answered

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Discovery layer

Source updated

20 July 2022

Summary

To ask the Chancellor of the Exchequer, how many mortgage defaults have occurred in each of the last 12 months.

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Timeline

  1. 18 July 2022

    Written question

    To ask the Chancellor of the Exchequer, how many mortgage defaults have occurred in each of the last 12 months.

    Source: Commons

  2. 20 July 2022

    Answer

    The latest available data from the Bank of England (published 14 June 2022) shows that the proportion of total mortgage loan balances with arrears in Q1 2022 was 0.82%, the lowest level since recording began in 2007. This is consistent with falling arrear...

    Source: Written answer

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