Image from Google Jackets

Plan to ease repossessions

Language: English Series: Independent ; 25 November 1991, 5(1)Publication details: 1991Subject(s): Summary: The Council of Mortgage Lenders has devised a scheme to prevent some repossessions of those on low incomes. A change in the law would be required so that not only umemployed homeowners receive state benefit but also those on low incomes. Finance for this would come from a reduction in mortgage tax relief.

The Council of Mortgage Lenders has devised a scheme to prevent some repossessions of those on low incomes. A change in the law would be required so that not only umemployed homeowners receive state benefit but also those on low incomes. Finance for this would come from a reduction in mortgage tax relief.