A stark north-south divide has emerged in housing repossessions, with northern regions of the UK seeing a far higher number of homes being seized than their southern counterparts.
The North-east and the M62 corridor had the highest number of court-ordered repossessions in the country in the last six months of 2011, official figures show, with public sector austerity and weak economic growth hitting the area disproportionately hard.
While the national average is 15 repossessions per 10,000 households, Chester saw 53 homes per 10,000 properties seized by lenders in the six months, the highest rate in England and Wales. Darlington and Durham's repossessions were 60 per cent above the national average, at 24 repossessions per 10,000 homes.
While the national average is 15 repossessions per 10,000 households, Chester saw 53 homes per 10,000 properties seized by lenders in the six months, the highest rate in England and Wales. Darlington and Durham's repossessions were 60 per cent above the national average, at 24 repossessions per 10,000 homes.
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