Northern Rock Criticised Over 'Aggressive Repossessions'

A debt charity today urged the Treasury to put pressure on Northern Rock to change its approach to property repossessions.
Credit Action has criticised the nationalised bank saying it is twice as likely as other lenders to repossess a home if borrowers fall behind with their mortgage repayments.
Credit Action said that of the 19,000 homes repossessed this year, Northern Rock represented more than a fifth of them.

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