MortgagesMar 1 2024

Lenders doing 'everything' to avoid repossessions, say brokers

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Lenders doing 'everything' to avoid repossessions, say brokers
Mortgage borrowers have fallen into arrears but repo rates less likely to rise, say brokers. (Vlada Karpovich/Pexels)

Britons have been falling into arrears at a greater pace than in previous years, but according to brokers the lenders are showing more forbearance now than historically.

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