Escaping the negative equity trap
Vickers, L.
Escaping the negative equity trap - 1993 - Solicitors` Journal 137(21) 4 June 1993, 528-529(2) .
With reference to the Building Societies Act 1986 explains the `legislative obstacles` preventing building societies from assisting mortgagors in the negative equity trap. A way round such obstacles is suggested and a more flexible approach by building societies is encouraged.
BUILDING SOCIETIES
MORTGAGES
NEGATIVE EQUITY TRAP
TRANSFER
Escaping the negative equity trap - 1993 - Solicitors` Journal 137(21) 4 June 1993, 528-529(2) .
With reference to the Building Societies Act 1986 explains the `legislative obstacles` preventing building societies from assisting mortgagors in the negative equity trap. A way round such obstacles is suggested and a more flexible approach by building societies is encouraged.
BUILDING SOCIETIES
MORTGAGES
NEGATIVE EQUITY TRAP
TRANSFER