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Repossessions and arrears in UK property market less than expected

Nicholas Wallwork

Nicholas Wallwork

Editor-in-Chief
Staff member
Premium Member
The rate of repossession and arrears in the UK residential property market have stabilised at much lower levels than anticipated, according to the Council of Mortgage Lenders. It’s latest figures covering the first three months of 2013 shows that repossession rates remained at 0.07% for the fourth consecutive quarter, the equivalent of fewer than one [...]

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