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The Ministry of Justice attributed this to low interest rates and a “proactive approach from lenders in managing consumers in financial difficulty”. The first part of the re-possession process, landlord possession claims, reached 170,451 last year – its highest level since 2004. Meanwhile, the number of homes repossessed by mortgage lenders at the end of last year was the lowest in a decade.
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Written by Smiling Carcass
20/07/2014 at 10:31 PM
Posted in Uncategorized