House owners deeper in debt
House owners deeper in debt
- 1993
- Times 18 January 1993, 6(1) .
The Leeds Permanent Building Society was the only lender to repossess more homes in 1992 than it did in 1991 according to a survey by "Times". Analysts and charities warn that other lenders could follow as they have avoided increasing repossessions only by allowing borrowers to build up longterm arrears.
BUILDING SOCIETIES
REPOSSESSIONS
The Leeds Permanent Building Society was the only lender to repossess more homes in 1992 than it did in 1991 according to a survey by "Times". Analysts and charities warn that other lenders could follow as they have avoided increasing repossessions only by allowing borrowers to build up longterm arrears.
BUILDING SOCIETIES
REPOSSESSIONS