THE LOWEST number of homes were repossessed in the first half of 2014 than in any six month period since 2006, according to figures released yesterday.
The number of repossessions in the second quarter alone dropped to 5,400, the lowest since the first quarter of 2008.
Although the number of repossessions has now dropped to a near-eight year low, analysts are now noting that interest rate hikes yet to come will drive the figure back up.
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