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A fifth struggle to pay mortgage

19/02/2024

Posted by:
AJ Williamson

A fifth of households are struggling or falling behind on their mortgage repayments, according to research by Shelter. In a survey of sub-prime borrowers, 5 per cent expect to be repossessed in the next six months, with more than 36 per cent saying they would be unable to meet mortgage payments in full if their income dropped significantly.

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