Tuesday 21 June 2011

Repo hotspots

There are a growing number of Home repossessions spreading across the uk,
with repos exptected to reach forty five thousand in the next year.
There is a correlation between unemployment areas and areas where homeowners
are having trouble making mortgage payments.
The rising inflation figures, employement concerns, and the possiblity  of higher interest
rates on loans are all things that are adding to the mix.
Highest in the country is Corby, with a repossession rate nine times that of the lowest,
in West Dorset.

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