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RBS mortgage relief

Updated on 01 December 2008

By Katie Razzall

One of Britain's biggest mortgage lenders gives homeowners six months' before repossessing their properties.

The move by RBS, which owns NatWest, means people who lose their jobs and can't afford their mortgage payments will have longer to find work.

Also this morning new figures from the Bank of England show that mortgage lending dropped by 70 per cent in October.

Faisal Islam talks to city minister, Lord Myners.

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