January 3, 2012
CML issues warning on house repossessions for 2012
Filed under: News —
The Council of Mortgage Lenders (CML) has made some rather dour predictions when it comes to the level of house repossessions for 2012.
The body expects that repossessions will rise from 37,000 recorded cases this year to 45,000 in 2012, an increase of 22%.
That gain in repossession activity will be driven by growing levels of unemployment, [...]
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