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Tue 07 Jul 2009Dialogue with lenders urged as 13 homes repossessed
HOMEOWNERS FACING severe mortgage repayment difficulties were yesterday advised to speak to their lender, as repossession rates continued at a record level.
Repossession orders were granted against 13 properties at yesterday’s High Court chancery summonses hearing, the greatest number granted in a single day this year. In a further sign homeowners are continuing to struggle with arrears, 64 repossession cases, including 26 new cases were heard or adjourned at the hearing.
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