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Nearly 800,000 UK homeowners vulnerable to repossession during the pandemic

News Team, 02/03/2021

Almost 800,000 households could be vulnerable to repossession if they suffered a loss of income, a new think-tank report has said.

The Social Market Foundation analysed official data and found that of the 770,000 at risk of repossession, a quarter (26 percent) worked in retail or manufacturing, sectors badly hit by the pandemic.

An independent SMF report funded by the Building Societies Association (BSA) reveals that the pa...


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