Monday 15 November 2010

Simon Read: Lenders repossess less but more are at risk - Mortgages, Money - The Independent

Simon Read: Lenders repossess less but more are at risk - Mortgages, Money - The Independent

The number of people struggling to pay their mortgage has surged by 78 per cent in the past year, according to figures issued by Shelter this week. The charity said that 18 per cent of homeowners are now experiencing problems, compared to one in ten a year ago – the equivalent of three million mortgage holders across the country, or one in six.

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