The Council of Mortgage Lenders (CML) has released figures for Q1 2015 showing a fall in the number and the proportion of mortgages in arrears or ending in repossession. The decline was felt in all arrears bands and across both owner-occupier and buy-to-let lending.

CML Director General Paul Smee said “although complacency would be misplaced, the underlying picture continues to be one of improvement and a continuing reduction in mortgage arrears and repossessions”.

The figures can be read in full here.