Home repossessions at record low

The number of homes being repossessed has fallen to its lowest level since records began in 2008, banks and building societies have reported.

Some 7,200 families sunk into such severe mortgage debt that they lost their home during the third quarter of this year, marking the lowest quarterly figure recorded by the Council of Mortgage Lenders (CML) and a 5.3% drop on the previous three months
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