Repossessions and repercussions
Repossessions and repercussions
- 1991
- Independent 4 November 1991, 3,26 Times 4 November 1991, 3 Daily Telegraph 6 November 1991, 31 Financial Times 4 November 1991, 6 .
With repossessions set to reach 70 000 by the end of the year, some building societies may follow Town & Country Building Society. The effect of a depressed housing market and a high number of repossessions on the economy as a whole is being monitored by the Bank of England and other financial bodies. The political cost is highlighted in a report by Shelter on the number of repossession orders in Conservative areas.
BUILDING SOCIETIES
ECONOMY
HOUSING MARKET
REPOSSESSIONS
SHELTER
STATISTICS
With repossessions set to reach 70 000 by the end of the year, some building societies may follow Town & Country Building Society. The effect of a depressed housing market and a high number of repossessions on the economy as a whole is being monitored by the Bank of England and other financial bodies. The political cost is highlighted in a report by Shelter on the number of repossession orders in Conservative areas.
BUILDING SOCIETIES
ECONOMY
HOUSING MARKET
REPOSSESSIONS
SHELTER
STATISTICS