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Mortgage repossessions

Language: English Series: Guardian ; 13 December 1991, 12(1) | Financial Times ; 13 December 1991, 1 | Independent ; 13 December 1991, 1(2)Publication details: 1991Subject(s): Summary: A record number of houses, perhaps as many as 90,000, are likely to be repossessed to cover mortgage defaults by the end of 1991, prompting the government to call upon the building societies for a moratorium whilst relief schemes are descussed.

A record number of houses, perhaps as many as 90,000, are likely to be repossessed to cover mortgage defaults by the end of 1991, prompting the government to call upon the building societies for a moratorium whilst relief schemes are descussed.