A million in mortgage debt trap

A million in mortgage debt trap - 1992 - Times 24 April 1992, 4(1) .

Conflicting with figures released by the Council of Mortgage Lenders, brokers UBS Phillips and Drew claim that over a million first-time buyers owe more than the value of their property.


FIRST-TIME BUYERS
HOUSE PRICES
MORTGAGE DEBT
NEGATIVE EQUITY