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Warning of Increased Mortgage Arrears from Industry Commentator

Mortgage IntroducerMortgage Introducer warned last week of an increased risk to home owners from impending interest rate rises, and suggested that the current reductions in arrears might suffer a reversal as a result.

Mortgage Introducer reports findings by HML, and quotes Damian Riley as saying, "We have seen that the average increase in arrears is broadly in-line with the increased payment resulting from mortgage account rate rises indicating, as often is the case, that customers already on the edges of affordability will be pushed further towards the brink."

Where to find help with mortgage arrears can be confusing, and the choosing the best approach in each case can demand complex and thoughtful analysis. At CBC Finance we can provide advice and information, and even finance if it is suitable, to help sort out the problems from mortgage arrears. 

If you're looking for mortgage arrears help and advice, call our supportive team for a confidential chat about what might be possible in your situation. Get in touch today to find a way out of your debt problems. Call us on 01258 818182.

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