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Lenders rush repossessions (InsideHousing) The Bankruptcy Advisory Service, an independent debt advice body, said banks were pushing ahead with repossession cases as quickly as possible. ‘Pre-action protocols’ issued by the Civil Justice Council come into force on 19 November. - www.ft.com
Risk of foreign exchange home loans revealed (Financial Times) The dangers to the Hungarian and Romanian economies arising from the large number of households with mortgages denominated in euros or Swiss francs have been underlined by new figures.
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