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Old 06-23-2010, 10:58 AM
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Post Repossessions fall to two-year low

The number of homeowners who saw their properties repossessed by lenders fell to a two-year low in the first three months of 2010.New data from the Financial Services Authority put the total the number of repossessions at 10,500, down 11% on the final quarter of 2009.In addition, new mortgage arrears declined by 2%, taking the [...]

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