North/south home repossession gap closes in England and Wales

The gap between home repossessions in the North and South of England and Wales has closed by 80% since the recession, according to new detailed research. On average, there were 1.1 repossessions per 1,000 households in the North in the first half of 2015 compared to 0.7 in the South, according to the analysis by e.surv chartered surveyors of court ordered repossessions, a difference of 0.4. By comparison, in 2008 repossession rates stood at 8.2 per 1,000 households in the North and 5.9 in the So...