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UK mortgage meltdown looms amid terrifying growth in arrears

UK mortgage meltdown looms amid terrifying growth in arrears
businesstelegraph.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstelegraph.co.uk Daily Mail and Mail on Sunday newspapers.

United kingdomSimon gammonKnight frankJon cunliffeSarah breedenLewis shawShaw financial servicesIncoming bankTreasury committeeMansfield based shaw financial services

Why are house prices falling?

House prices are heading downwards after surging during the Covid-19 pandemic, according to recent housing market reports.With Halifax reporting on Thursday that the average UK house price dropped by 4.6% in August, falling at the fastest rate since .

United kingdomDavid whiteLewis shawBuilding societyShaw financial servicesNationwide building societyMansfield based shaw financial servicesSimply lending

UK mortgage meltdown looms amid terrifying growth in arrears | Mortgage arrears

Jump in borrowers unable to make payments with landlords particularly hit and ‘worse to come’

United kingdomKnight frankSarah breedenSimon gammonLewis shawJon cunliffeIncoming bankTreasury committeeShaw financial servicesMansfield based shaw financial services

Mortgage arrears hit their highest level for 7 years

The value of outstanding home loans with arrears climbed by 13% to £16.9bn in the second quarter of this year, Bank of England figures show.

United kingdomSimon gammonLewis shawAndrew baileyShaw financial servicesOffice for national statisticsNational statisticsMansfield based shaw financial servicesKnight frank finance

Mortgage arrears hit their highest level for 7 years

Mortgage arrears hit their highest level for 7 years
thisismoney.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thisismoney.co.uk Daily Mail and Mail on Sunday newspapers.

United kingdomSimon gammonLewis shawAndrew baileyOffice for national statisticsShaw financial servicesNational statisticsMansfield based shaw financial servicesKnight frank finance

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