Fears over financial strain on UK households as figures show increase in number of properties being repossessed
Tim Waterlow, development director of mortgage provider Responsible Lending, said:"Such a large jump, topping the year on year rise seen in the final quarter of last year, raises fears serious financial strain among households is on an upward trajectory once again."
There were 4,660 buy-to-let mortgages in arrears of 2.5% or more of the outstanding balance in April to June 2019, 5% more than in the same period in the previous year.
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