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Housing crisis hits Nationwide

Language: English Series: Guardian ; 10 June 1992, 11(1)Publication details: 1992Subject(s): Summary: Nationwide Building Society`s fall in profits by 29% are blamed on the financial provisions set aside to cover bad debts. Nationwide calls on Government to take urgent steps to improve the state of the housing market. Suggestions include continuing the moratorium on stamp duty after August deadline and the introduction of mortgage benefit similar to housing benefit available to tenants.
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Item type Current library Call number Copy number Status Barcode
News article London News article WB2823-21 (Browse shelf(Opens below)) 1 Available 32936-1001

Nationwide Building Society`s fall in profits by 29% are blamed on the financial provisions set aside to cover bad debts. Nationwide calls on Government to take urgent steps to improve the state of the housing market. Suggestions include continuing the moratorium on stamp duty after August deadline and the introduction of mortgage benefit similar to housing benefit available to tenants.