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Housing Corporation may not buy repossessions

Language: English Series: Independent ; 16 November 1992, 22 | Guardian ; 14 November 1992, 6 | Times ; 19 November 1992, 9(2)Publication details: 1992Subject(s): Summary: The £750m allocated to housing associations for buying up empty houses may not be spent on repossessed properties on the market, since it is thought the building societies will not act fast enough to meet the scheme`s deadline and many properties are in disrepair. Instead unsold new properties from developers will be favoured.
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Item type Current library Call number Copy number Status Barcode
News article London News article WB2845-30 (Browse shelf(Opens below)) 1 Available 63542-1001

The £750m allocated to housing associations for buying up empty houses may not be spent on repossessed properties on the market, since it is thought the building societies will not act fast enough to meet the scheme`s deadline and many properties are in disrepair. Instead unsold new properties from developers will be favoured.