UK lenders repossess less homes
Source: Agencies |
August 15, 2009, Saturday
|
Print Edition
Print Edition
THE number of British home repossessions fell in the second quarter, but will almost certainly rise during the second half of the year, the British Council of Mortgage Lenders said yesterday.
The group said that more leniency by lenders to customers who are trying to resolve payment problems and low interest rates helped cut the number of repossessions and level off cases of arrears.
The figures showed that there were 11,400 cases of repossession -- equivalent to one mortgage in 1,000 -- in the second quarter of 2009. That was 10 percent fewer than the first quarter but 14 percent more than the same period a year ago.
The group said that more leniency by lenders to customers who are trying to resolve payment problems and low interest rates helped cut the number of repossessions and level off cases of arrears.
The figures showed that there were 11,400 cases of repossession -- equivalent to one mortgage in 1,000 -- in the second quarter of 2009. That was 10 percent fewer than the first quarter but 14 percent more than the same period a year ago.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
