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Home rescue schemes falter

Language: English Series: Financial Times ; 14 January 1992, 1 | Independent ; 14 January 1992, 5Publication details: 1992Subject(s): Summary: The Government`s mortgage rescue package is being held up by negotiations between lenders and housing associations. The main sticking point is the rate of interest that building societies will charge the associations for loans to buy properties from borrowers who are in arrears.
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News article London News article WB2803-24 (Browse shelf(Opens below)) 1 Available 7407-1001

The Government`s mortgage rescue package is being held up by negotiations between lenders and housing associations. The main sticking point is the rate of interest that building societies will charge the associations for loans to buy properties from borrowers who are in arrears.