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Home rescue schemes falter

Home rescue schemes falter - 1992 - Financial Times 14 January 1992, 1 Independent 14 January 1992, 5 .

The Government`s mortgage rescue package is being held up by negotiations between lenders and housing associations. The main sticking point is the rate of interest that building societies will charge the associations for loans to buy properties from borrowers who are in arrears.

Subjects--Topical Terms:
BUILDING SOCIETIES
HOUSING ASSOCIATIONS
MORTGAGE RESCUE SCHEMES
REPOSSESSIONS

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