Summary


The number of repossessed homes soared by 68 per cent last year as the economic downturn left many people struggling to pay their mortgage.

A total of 46,750 properties were repossessed by lenders during the year, up from 27,900 in 2007, City watchdog the Financial Services Authority said.

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Extract


Hdy Hdy

There was also a steep jump in the number of people who fell behind with their mo...

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