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Bradford & Bingley reports rise in arrears

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  • Bradford & Bingley reports rise in arrears

    Buy-to-let specialist, Bradford & Bingley (B&B), has reported a rise in mortgage arrears.The proportion of borrowers one month in arrears rose from 2.78% in March, to slightly over 3% in April.Over 50% of B&B’s lending is in the buy-to-let sector but despite the mounting arrears, the firm remains confident that the sector remains strong.This view [...]

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