DanAronG
Joined: 17 Oct 2008
Posts: 103
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| Posted: Fri Aug 14, 2009 10:02 am Post subject: Repossessions figures down |
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The second quarter of 2009 has seen repossessions fall by 10% from the previous quarter. However the figures are still up on the same quarter of the previous year.
This coincides with the Council of Mortgage Lenders reducing its prediction for repossession levels for 2009.
The number of households in arrears with their mortgage has also fallen, among signs that the housing and mortgage market are beginning to recover. |
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