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Jump in mortgage arrears and homes being repossessed

Mortgage arrears rise in tough climate †UK Finance – Mortgage Strategy

There were 76,630 homeowner mortgages in arrears of 2.5% or more of the outstanding balance in the first quarter of 2023, 2% greater than in the previous quarter, according to the latest data from UK Finance. Within the total there were 27,700 homeowner mortgages in the lightest arrears band (representing between

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