32,000 UK Homes at risk of repossession

New research by Mojo Mortgages has found that 32,000 mortgaged properties at risk of being repossessed.
The research also found that there were 96,580 homeowner mortgages in arrears of 2.5% or more of the outstanding balance, representing a 3% increase from the previous quarter.
Within this group, 32,470 mortgages were in the most severe bracket, with mortgage arrears exceeding 10% of the balance, marking a 6% increase compared to the previous quarter.
The increase in mortgage rates has been dri