THE number of homes repossessed fell by more than a third during the first half of the year.
But the Council of mortgage Lenders warned there was no room for complacency, with consumers taking on increasingly high levels of debt and interest rates expected to increase next year.
During the first six months of this year, UK mortgage lenders repossessed 4,270 properties.
Comments: Our rules
We want our comments to be a lively and valuable part of our community - a place where readers can debate and engage with the most important local issues. The ability to comment on our stories is a privilege, not a right, however, and that privilege may be withdrawn if it is abused or misused.
Please report any comments that break our rules.
Read the rules hereComments are closed on this article