31% annual jump in homeowner repossessions in second quarter of 2024
![31% annual jump in homeowner repossessions in second quarter of 2024](https://www.expressandstar.com/resizer/DT-7ezI2DvKYfc6hDbz-SIrMaR8=/cloudfront-us-east-1.images.arcpublishing.com/mna/Y727PLGQ3ZHUZNEXYQLKXS2T3M.jpg)
While many households remain under pressure, the challenges of higher rates and the cost-of-living have started to ease, UK Finance said.
The number of homes being repossessed jumped in the second quarter of this year, according to figures from lenders.