House owners deeper in debt
Language: English Series: Times ; 18 January 1993, 6(1)Publication details: 1993Subject(s): Summary: The Leeds Permanent Building Society was the only lender to repossess more homes in 1992 than it did in 1991 according to a survey by "Times". Analysts and charities warn that other lenders could follow as they have avoided increasing repossessions only by allowing borrowers to build up longterm arrears.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB2903-42 (Browse shelf(Opens below)) | 1 | Available | 31893-1001 |
The Leeds Permanent Building Society was the only lender to repossess more homes in 1992 than it did in 1991 according to a survey by "Times". Analysts and charities warn that other lenders could follow as they have avoided increasing repossessions only by allowing borrowers to build up longterm arrears.