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30 July 2024

Press Release: New Data Shows Q1 UK Mortgage Arrears Growth Slows to Lowest Since Mini-Budget

Rate of UK arrears growth slowed to 3.9% in Q1 2024 from 5.7% in Q4 2023; lowest quarterly growth rate since Sept 2022 Mini-Budget North East and North West are the only regions in which arrears growth rate increased Failed mortgage payment rate, a leading indicator of borrower stress, falls

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