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Old 08-04-2009, 10:33 AM
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Post Northern Rock ?Together? mortgages push up arrears

Blighted by its “Together” 125% loan-to-value mortgages, Northern Rock has revealed that residential mortgage accounts over three months in arrears rose to 3.92% in the six months to the end of June.The proportion compares with a national average of 2.39% and is up from 3.67% at 31st March 2009 and 2.92% at 31st December 2008. [...]

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