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Repossessions expected to soar in next few months

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  • Repossessions expected to soar in next few months

    Recent Bank of England figures showed an increase in unsecured personal borrowing and as a result, could mean a rise in repossessions. Research from litigation organisation, Moore Blatch, discovered that 16% of repossession cases were due to borrowing from other sources than a mortgage. Consequently, Moore Blatch argues the £2.4 billion rise in unsecured lending [...]

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