Mortgage repossessions reached more than 75,000 in 1991 with around 205,000 mortgages at least six months in arrears.
Today, repossessions are around 37,000 a year and 6 month arrears peaked at 92,000 back in 2009.
Last year, mortgage payments averaged £495 or 15.4% of monthly take home pay - the lowest proportion for ten years, according to Barclays Capital.
In 2008 mortgage payments accounted for 20% of take home pay.
The low interest rates are helping home owners that have jobs in this recession.