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MORTGAGE POSSESSION STATISTICS - FIRST QUARTER 2004

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The Department for Constitutional Affairs today published figures for ...
The Department for Constitutional Affairs today published figures for

mortgage possession actions entered in the county courts of England

and Wales for the first quarter of 2004.

Table 1 shows the number of mortgage possession actions entered for

each year, by quarter, since 1997. During the first quarter of 2004,

17,444 mortgage possession actions were entered and a total of 10,049

were made - 5,851 of which were suspended orders.

The figures do not indicate how many houses have been repossessed

through the courts; not all the orders will have resulted in the

issue and execution of warrants of possession.

In the first quarter of 2004 the number of actions entered rose over

16 per cent from those in the first quarter of 2003. For the same

period, figures show a rise of over nine per cent in orders made

(over 58 per cent of orders were suspended, compared to 60 per cent

in the first quarter of 2003).

Notes

1.The data provided in each of the tables relate to mortgage

possession actions entered and orders made in county courts in

England and Wales. Figures for suspended orders are also provided.

2.The data cover both local authority and private (e.g. banks and

building societies) mortgages.

3.The 2002 and 2003 figures are provisional and therefore liable to

revision to take account of any late amendments.

4.The figures do not indicate how many houses have been repossessed

through the courts; not all the orders will have resulted in the

issue and execution of warrants of possession.

-Actions Entered. A claimant begins an action for an order for

possession of residential property by way of a summons in a county

court.

-Orders Made. The court, following a judicial hearing, may grant an

order for possession immediately. This entitles the claimant to apply

for a warrant to have the defendant evicted. However, even where a

warrant for possession is issued, the parties can still negotiate a

compromise to prevent eviction.

-Suspended Orders. Frequently, the court grants the mortgage lender

possession but suspends the operation of the order. Provided the

defendant complies with the terms of the suspension, which usually

requires the defendant to pay the current mortgage instalments plus

some of the accrued arrears, the possession order cannot be enforced.

5.Figures on mortgage possession actions are published on a

quarterly basis. Publication date of the figures for the first

quarter of 2004 will be 28 July 2004.

Table 1MORTGAGE POSSESSION ACTIONS

(Local Authority and Private)

Year Quarter Actions Entered Orders Made1

1997 1 16 298 14 649

2 16 566 14 550

3 16 778 13 999

4 17 431 13 958

67 073 57 156

1998 1 18 536 16 497

2 19 449 16 247

3 22 919 17 101

4 23 932 16 210

84 836 66 055

1999 1 22 525 18 057

2 19 811 15 483

3 19 478 13 997

4 19 794 12 657

__________ __________

81 608 60 194

2000 1 20 371 11 685

2 17 343 14 261

3 17 786 13 435

4 17 545 12 700

__________ __________

73 045 52 081

2001 1 18 168 12 001

2 16 696 12 159

3 15 546 11 403

4 14 556 10 160

__________ __________

64 966 45 723

2002 1 16 484 9 840

2 14 397 10 348

3 15 457 9 849

4 15 397 9 711

__________ __________

61 735 39 748

2003 1 14 994 9 186

2 15 656 9 683

3 16 098 10 346

4 17 468 10 517

__________ __________

64 216 39 732

2004 1 17444 10 049

1 Including suspended orders

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