Dec
14

Home repossessions defy predictions after mortgage rate rises

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The number of home repossessions by finance lenders after mortgage rates went up has decreased significantly – defying the expected trend that more people would lose their homes.

The findings come from the House Buyer Bureau which points out that since the Bank of England started raising interest rates at the end of 2021

The post Home repossessions defy predictions after mortgage rate rises appeared first on Property118.

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