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Halifax urges housing action

Language: English Series: Financial Times ; 24 October 1992, 5 | Times ; 24 October 1992, 11Publication details: 1992Subject(s): Summary: The Halifax Building Society is calling for the government to take direct action in the housing market following the biggest fall in its housing price index ever recorded. Suggestions include further cuts in interest rates, increasing mortgage interest tax relief for first-time buyers and phasing out mortgage interest tax relief for existing home owners.

The Halifax Building Society is calling for the government to take direct action in the housing market following the biggest fall in its housing price index ever recorded. Suggestions include further cuts in interest rates, increasing mortgage interest tax relief for first-time buyers and phasing out mortgage interest tax relief for existing home owners.