Landlords in arrears... catching up
New figures by ratings agency Moody's suggests 3.55% of landlords are at least three months behind on mortgage repayments... a significant rise from 0.95% this time last year. The data suggests landlords are finally catching up with homeowners in the arrears race. At the end of last year, the Financial Services Authority revealed that 3.4% of all mortgages were in arrears.
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