The expected number of property repossessions in the UK has dropped*dramatically as understanding lenders, government measures and low*interest rates help people in trouble to keep their homes.
The Council of Mortgage Lenders has cut its forecast for the number of*repossessions in 2009 to 48,000, down from 75,000. It is the second time*this year it has revised its forecast downwards.
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UK property repossessions forecast for 2009 revised dramatically downwards
