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The number of homes taken in to possession and the number of home owners in arrears on their mortgage payments fell in the second three months of the year.
Mortgage lending to buy property showed the first annual increase since early 2007 according to the latest data from the Council of Mortgage Lenders (CML).
News of a recovery in house prices is bringing more homes on to the market according to the latest survey from the RICS (Royal Institution of Chartered Surveyors).
House prices in rural areas have fallen by less than homes in cities over the past year, according to the latest Bank of Scotland Rural Housing Review.
The Halifax has added weight to reports that house prices have risen surprisingly strongly in recent months; its latest market analysis suggests that average house prices rose 0.8 per cent in August. That pushed prices back to the level seen at the end of 2008, reversing the falls seen earlier this year.
Mortgage approvals rose again in July, the fifth month is a row to see an increase in approvals to purchase residential property. But total mortgage lending fell by £400 million as repayments outweighed new lending.
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