Sunday 23 July 2017

Arrears misery may be close to reaching its peak

Charlie Weston

Charlie Weston

THIS country has the distinction of having one of the worst mortgage arrears problems in the world.

The latest figures show that one in four mortgage-holders is now in some form of arrears or making reduced monthly repayments with the agreement of their lender.

And one in three buy-to-let investors is not meeting their originally agreed repayments.

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