Escaping the negative equity trap
Language: English Series: Solicitors` Journal ; 137(21) 4 June 1993, 528-529(2)Publication details: 1993Subject(s): Summary: With reference to the Building Societies Act 1986 explains the `legislative obstacles` preventing building societies from assisting mortgagors in the negative equity trap. A way round such obstacles is suggested and a more flexible approach by building societies is encouraged.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | ABS48821 (Browse shelf(Opens below)) | 1 | Available | 68658-1001 |
With reference to the Building Societies Act 1986 explains the `legislative obstacles` preventing building societies from assisting mortgagors in the negative equity trap. A way round such obstacles is suggested and a more flexible approach by building societies is encouraged.