Second-charge repossessions halved

Nia Williams

August 13, 2015

The figures show that 133 properties were repossessed in Q2 2014 compared with 67 in 2015.

Commenting on the figures, Fiona Hoyle, head of consumer finance at the FLA, said: “The further decrease in repossessions reflects second charge mortgage lenders’ commitment to helping customers in financial difficulty.”

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