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Repossession set to rise through 2012

by Gill Montia.

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The Council of Mortgage Lenders (CML) has published forecasts for the UK mortgage and housing market, in which it predicts that arrears and repossessions are set to rise during the remainder of 2011 and throughout 2012. The lenders’ body also expects the base rate to remain unchanged at its current level of 0.5% for most [...]

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