Advice on Mortgage Possessions in London and the rest of the country Friday, 9th May 2008

During the first quarter of 2008,more than 38,000 mortgage possession claims were issued 16% higher than in the first quarter of 2007, according to the Ministry of Justice.

More than 38,000 mortgage possession claims were issued

A possession claim refers to the process by which a claimant applies to a county court for possession of a residential property. Orders for possession, which allow the claimant to apply for a warrant to have the tenant(s) evicted, were granted to 27,530 people.

More than 37,000 landlord possession claims were issued during the same period, 4% higher than in the first quarter of 2007. Of the 37,000 possession claims, 28,503 orders were made to landlords, 10% more than the first quarter of 2007. An estimated 41% of these orders, were, however, suspended.