B&B Arrears Decline 18%

02 Aug 2010

Arrears at the U.K.’s Bradford and Bingley fell 18% in the first half of 2010 compared with the same period last year.

Arrears at the U.K.’s Bradford and Bingley fell 18% in the first half of 2010 compared with the same period last year. B&B, which said it has returned to profit, said arrears cases now account for 0.27% of mortgage balances, down from 0.33% a year earlier. Lending balances ...

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