Northern Rock repossessions soar

Repossessions by nationalised British lender Northern Rock soared 63% last year, figures revealed today.

Northern Rock repossessions soar
Tue, 03 Mar, 2009 - 07:34

Repossessions by nationalised British lender Northern Rock soared 63% last year, figures revealed today.

The firm held 3,620 repossessed homes at the end of 2008 compared with 2,215 a year earlier, the group’s annual report showed.

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