Number of home repossessions falls

Home repossessions have fallen to their lowest level since 2007, despite the continued weakness of the economy, lenders have said.

A total of 8,200 properties were repossessed in the third quarter of this year, down from 8,500 over the summer and marking the lowest number of repossessions seen in a single quarter since 2007, said the Council of Mortgage Lenders (CML).
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