There were 11,609 individual insolvencies registered in England and Wales in February, the Insolvency Service has reported this morning. The individual insolvencies consisted of 768 bankruptcies, 4,210 debt relief orders (DROs) and 6,631 individual voluntary arrangements (IVAs). The number of IVAs was higher than both January 2026 and the 2025 monthly average.
28% today. 32% today. 28% today – its highest level since April 2025.
32%, now at its highest since February 2025. For a borrower with a £250,000 mortgage over 25 years, that equates to paying £788 more per year on a two-year fix, or £651 more on a five-year deal compared to just a fortnight ago. Continue reading...