Homeowners paying off mortgages at faster rate - Mortgages, Money - The Independent
Homeowners continued to accelerate the rate at which they are paying down their mortgages during the third quarter of the year, figures showed today.
Borrowers reduced their outstanding mortgage debt by £6.1 billion during the three months to the end of September, according to the Bank of England.
It was the 10th consecutive quarter during which the amount of money people unlocked from their homes was negative.
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