Home repossessions lower than expected

A survey carried out for Shelter has shown that millions of Britons are finding it difficult to keep up with rent and mortgage payments.

Despite this, figures from the Council of Mortgage Lenders (CML) show that the number of home repossessions have been much lower than expected.

The CML said that the number of home repossessions has fallen to its lowest level since 2007 in the third quarter of this year.

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'Millions' struggle to pay rent

Almost one and a half million people are falling behind with their rent or mortgage payments, according to claims from the homeless charity Shelter.