Sentence examples for rate of repossession from inspiring English sources
Mortgage-holders who bought council houses have a far higher rate of repossession than other groups of home owners.
If repossessions continue at this rate it said it would be the lowest annual number since 1982, but at that point there were only 6.9m mortgages, against 11.1m today, making the rate of repossession much lower.
"It is clear from the low rate of repossession that lenders want to keep people in their homes, and are successfully doing so in the vast majority of arrears cases.
The London borough of Newham had the highest rate of repossessions, equal to 191 for each 100,000 households in the area.
The rate of repossessions in this crisis is half that of the 1990s downturn; the story is similar with business failures and claimant count unemployment stands at 1.6m – bad, but not as terrible as the 3m in the 1980s and 1990s slumps.
We know that shared ownership works; it has good levels of mortgage performance and low rates of repossession.
Unemployment was higher than the national average, as was the rate of mortgage repossessions.
It has coped well with the recession, with an unemployment rate two points below the national average and one of the lowest rates of housing repossession.
The site's been valued at €4.2 million ($4.5 million) and the bank/property developer/state hybrid, which apparently learned nothing from the boom to bust days of the Celtic Tiger, is ploughing through family homes at an expected repossession rate of 50,000 this year.
The site's been valued at €4.2 million (£3 million) and the bank/property developer/state hybrid, which apparently learned nothing from the boom to bust days of the Celtic Tiger, is ploughing through family homes at an expected repossession rate of 50,000 this year.
Though ordinary South Africans are feeling the pinch of higher interest rates, with repossession of cars and houses on the rise, local banks seem healthy enough still to be lending.In this section Into the electoral maze A puzzling raid Trying to weather the storm A continuing abomination The tragedy of the decade?
