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Page last updated at 14:02 GMT, Friday, 20 February 2009

Home repossessions rise by 54%

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The Council of Mortgage Lenders (CML) say 40,000 homes were repossessed in the United Kingdom, rising more than 50% in the last year.

CML says almost 220,00 mortgages are at least three months in arrears.

Richard Scott reports.

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