Claims extracted
17
sentences that state something as happening or true
Uncertain
12%
2 of 17 hedged
("reportedly", "may", "according to")
Leaning
not political
takes no side on a contested political question
Publisher signals
64/100
Evening Standard's corrections and
hedging, across everything collected from it. Not a measure of accuracy.
Outlets on this story
2
Economy/Business
Same framing elsewhere
1
articles that frame the event the way this one does
Mortgage arrears and repossessions fell annually in the third quarter of this year, according to a banking and finance industry body, despite some rising cost pressures for households.
uncertain
arrears → fall → households
UK Finance said 76,080 homeowner mortgages were in arrears of 2.5% or more of the outstanding balance in the third quarter of 2026, marking a 10% annual fall and a 2% decrease compared with the previous quarter.
asserted
mortgages → say → quarter
Some 8,170 buy-to-let mortgages were also in arrears, down by 22% annually and a 3% decrease compared with the previous quarter.
asserted
mortgages → buy → quarter
Meanwhile homeowner property repossessions fell by 17% annually, reaching 1,150 and remaining at their lowest level since the fourth quarter of 2024.
asserted
repossessions → fall → 2024
Homeowner repossessions were flat compared with the previous quarter, with a 0% change recorded.
asserted
change → compare → quarter
Some 690 buy-to-let repossessions were recorded, which was a 23% annual fall but a 10% increase compared with the previous quarter.
asserted
which → buy → quarter
It added that, although total repossessions increased compared with the previous quarter, from 1,780 to 1,840, repossession numbers are significantly lower than long-term peaks.
asserted
numbers → add → peaks
Last week, the Bank of England raised the base rate from 3.75% to 4%, in the first rise in interest rates in more than three years.
asserted
Bank → raise → years
Based on typical outstanding mortgage balances, UK Finance said last week that homeowners on tracker deals faced an increase of around £30 per month to their costs.
asserted
homeowners → base → costs
Read More
Around nine in 10 (87%) outstanding homeowner mortgages are fixed rates – and around 2.3 million fixed-rate deals are due to expire in 2027, according to UK Finance figures.
uncertain
deals → read → figures
The Bank of England said last week that it expected inflation to continue to accelerate in the coming months before peaking at “around 5%” in the second quarter of 2027.
asserted
inflation → say → 2027
UK Finance said on Thursday that mortgage lenders continue to offer support to help customers manage their payments, even as financial circumstances change.
asserted
circumstances → say → payments
It said anyone who is worried about their mortgage payments should reach out to their lender to discuss the options available for their circumstances.
asserted
who → say → circumstances
James Tatch, head of analytics at UK Finance, said: “The latest arrears and possessions data shows that borrowers are continuing to manage their mortgage payments despite rising cost pressures.
asserted
borrowers → say → pressures
“With homeowner arrears falling for a 10th consecutive quarter, and possessions well below historic highs, the overall picture is one of a resilient mortgage market, with the vast majority of customers continuing to make their repayments on time.
asserted
majority → fall → time
“Mortgage lenders remain committed to supporting customers who are facing difficulties.
asserted
who → remain → difficulties
“Anyone worried about keeping up with their repayments should contact their lender as soon as possible to discuss what tailored support is available to them.”
asserted
support → worry → them