Landlord possession figures drop again for eighth quarter in a row

Landlord possession figures drop again for eighth quarter in a row


Todays other news
Propertymark worry over Renters Rights Act and agent websites...
The growth follows the relaunch of the lettings division two...
The independently owned firms collectively manage over 2,000 residential properties...
The two companies have worked together since 2021....


Data from the Ministry of Justice suggest that incidents of landlord possessions have fallen at all stages, for the eighth quarter in a row.

 

In the first quarter of this year landlord possession claims totalled 35,188 – this is down eight per cent on the same quarter of 2016.

 

Orders of possession totalled 26,009 – that’s down 10 per cent on the previous year.

 

Meanwhile warrants of possession dropped nine per cent to 17,936 andf repossessions by county court bailiffs totalled 9,370 – a 15 per cent drop. 

 

The MoJ says these falls continue the annual downward trend, seen since April to June 2014. 

The ministry says landlord possession claims are highly concentrated in London, with different boroughs occupying nine of the 10 highest rates. Barking and Dagenham was the highest with 496 per 100,000 households. 

 

Looking at the five years to the end of March 2017, MoJ data shows that 63 per cent of landlord possession claims (some 22,012 in all) were social landlord claims; 22 per cent (7,716) were accelerated claims; and 16 per cent (5,460) were private landlord claims. 

Share this article ...

Join the conversation: Login and have your say

Want to comment on this story? Our focus is on providing a platform for you to share your insights and views and we welcome contributions. All comments are screened using specialist software and may be reviewed by our editorial team before publication. Letting Agent Today reserves the right to edit, withhold or delete comments that violate our guidelines, including those that harass, degrade, or intimidate others. Users who post such content may be banned from commenting.
By commenting, you agree to our Commenting Terms of Use.
Recommended for you
Related Articles
Propertymark worry over Renters Rights Act and agent websites...
High interest rates are also being blamed...
Industry welcomes Gove as new Housing Secretary
Even many tenants are unaware of the Act's provisions...
The new standard is effective from November 1...
LRG - the former Leaders Romans Group - is issuing...
The sheet must be given to tenants by May 31...
And on top of those three, there are further reforms...
Recommended for you
Latest Features
Propertymark worry over Renters Rights Act and agent websites...
The growth follows the relaunch of the lettings division two...
Sponsored Content

Send to a friend

In order to send this article to a friend you must first login. Click on the button below to login or sign up.