Equity trap stalls market recovery

Equity trap stalls market recovery - 1996 - Sunday Times 27 October 1996, 17 Times 29 October 1996, 25 Guardian 29 October 1996, 19 Daily Telegraph 29 October 1996, 26(3) .

Recovery in the housing market is being held back by about 2.5m people with insufficient equity in their homes to move, according to a report by London investment bank UBS. The situation may continue well into the next century. Map of regional variations. A drop in mortgage lending further dents recovery.


BRITISH BANKERS ASSOCIATION
HOUSING MARKET
MORTGAGE LENDING
NEGATIVE EQUITY
RECOVERY
UBS