Societies holding back the market
Societies holding back the market
- 1991
- Guardian 24/8/91 p15 .
House prices in some areas are allegedly being artificially depressed by the building societies ` practice of blocking sales by homeowners in financial difficulties, in order to claim the mortgage indemnity insurance , and subsequently selling off the repossessed houses at considerably below the market value.
HOUSE SALES
HOUSING MARKET
REPOSSESSION
House prices in some areas are allegedly being artificially depressed by the building societies ` practice of blocking sales by homeowners in financial difficulties, in order to claim the mortgage indemnity insurance , and subsequently selling off the repossessed houses at considerably below the market value.
HOUSE SALES
HOUSING MARKET
REPOSSESSION