CML And Bank Arrears Rate

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(a) The arrears rate for all (BTL) mortgages shows the total (BTL) number of mortgages over three months in arrears as a proportion of the total (BTL) number of outstanding mortgages.
Data are semi-annual up to end-2007 and quarterly since then. Non seasonally adjusted.
(b) The possessions rate for all (BTL, owner-occupied) mortgages shows the total (BTL, owner-occupied) number of properties taken into possession over the preceding twelve-month period as a proportion of the total (BTL, owner-occupied) number of outstanding mortgages. Data are semi-annual up to end-2008 and quarterly since then.
Non seasonally adjusted.

Sources: Moneyfacts Group and Bank calculations.
(a) End-month advertised rates, compiled as an average across all products. Excludes self-certified mortgages. Data are available from September 2008. There are no advertised products above 85% LTV ratio.

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Trends in buy-to-let lending

rose sharply at the start of 2009, around the same time as the overall mortgage arrears rate (Chart F). The BTL arrears rate fell back and has been lower than that for all mortgages in recent years. In some contrast, the possessions rate
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Net percentage balances for the availability of credit are calculated as the percentage of respondents reporting that credit is ‘available’ less the percentage of respondents reporting that it is ‘hard to get’. A positive balance indicates that a net balance of respondents report that credit is ‘costly’ or credit is ‘available’.

(1) For more details on the Agents’ assessment of how corporate credit availability has eased across firm sizes since 2012, see England, D, Hebden, A, Henderson, T and
Pattie, T (2015), ‘The Agencies and ‘One Bank’’, Bank of England Quarterly Bulletin,
Vol. 55, No. 1, page 50, Chart 2; available at www.bankofengland.co.uk/publications/Documents/quarterlybulletin/2015/q104.pdf. Trends in Lending April 2015

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Chart 3.3 Credit Conditions Survey: availability of secured credit to

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