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Mortgage News / 168,000 homes at least three months in arrears, says CML
168,000 homes at least three months in arrears, says CML
Figures from the Council of Mortgage Lenders reveal that 1.44% of mortgages are at least three months in arrears bringing the total to 168,000 households.
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- CML confident repossessions will not exceed 45,000 in 2008
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- House prices fall £31,000 year-on-year
- Half a million to fall behind on their mortgages in 2009
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