Financial Times FT.com

Number of home repossessions eases

By Vanessa Houlder

Published: August 14 2009 10:34 | Last updated: August 14 2009 12:22

The number of people losing their homes fell by 10 per cent in the second quarter to 11,400, according to the Council of Mortgage Lenders which said the main factor behind the decline was the forbearance shown by banks to cash-strapped customers hit by the downturn.

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