Home repossessions set to rise

Home repossession figures are expected to show an increase today as the troubled economy starts to take its toll on households.

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Home repossessions set to increase

Home repossession figures are expected to show an increase today as the troubled economy starts to take its toll on households.

Home repossession figures are expected to show a rise Credit: PA Archive

The Council of Mortgage Lenders (CML), which will release records for the second quarter of 2012, predicts that repossessions will rise from 37,000 in 2011 to 45,000 this year, as people's budgets remain under pressure at a time of high unemployment and low wage rises.

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