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Repossessions concern Bank of England

Language: English Series: Independent ; 15 November 1991, 24&25(2)Publication details: 1991Subject(s): Summary: In its Quarterly Bulletin the Bank of England has expressed fears of the drag on the housing market from the high number of repossessions. The Bank is considering if lenders will only advance loans to the most creditworthy customers in future.

In its Quarterly Bulletin the Bank of England has expressed fears of the drag on the housing market from the high number of repossessions. The Bank is considering if lenders will only advance loans to the most creditworthy customers in future.