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Arrears figures down

Arrears and possessions are continuing to fall, writes Harriet Williams.

The Lord Chancellor&#39s department recorded 14,397 mortgage possession actions entered in the second quarter of 2002, down 14% on the 16,696 actions entered for the same period last year. Total possession orders made dropped 15% to 10,348.

But Bernard Clarke, communications manager at the CML, says: “This is probably the bottom of the curve. We are urging borrowers not to overextend themselves. If house prices slow down there will be fewer options for trading out of difficulty.”

•See comment, page 15


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New customer services boss at Scottish Life

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A bull case for US equities?

Neptune video: a bull case for US equities?

Watch Felix Wintle, head of US equities at Neptune, discuss why he believes US equities are in a structural bull market and the key factors that can drive the S&P 500 higher.

In the video, Wintle addresses the following:

• The US market and why — despite equities rising from 2009 — he believes the structural bull market only started in 2013
• Key economic and corporate factors that can drive the S&P 500 higher
• Investment themes and sectors offering exposure to the domestic recovery


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