mortgage default

Lenders expect mortgage defaults to increase

12th July 2024 Arrears and Recoveries | #mortgage default

Latest data from the Bank of England has found that lenders expect default rates on home loans to climb in the coming months, The data showed that mortgage default rates rose in Quarter 2 (Q2) with banks and building societies believing that the rate will increase further in the next three months. Lenders reported a…

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mortgage default

Lenders expect mortgage defaults to increase

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