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Jeremy Hunt, Banks Agree Repossession Pause to Slow UK Mortgage Pain

(Bloomberg) Chancellor of the Exchequer Jeremy Hunt and the UK’s largest lenders have agreed people should be given a 12-month grace period if they miss mortgage payments as fears grow about the burden on millions of homeowners of rapidly rising mortgage rates.Most Read from BloombergTitanic Sub Crew Dead After Vessel’s Catastrophic ImplosionThese Are the World’s Most (and Least) Liveable Cities in 2023US Navy Detected Titanic Submersible’s Implosion Days AgoFive-Star Hotel Guest Leaves Witho

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