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Halifax help for borrowers

Language: English Series: Daily Telegraph ; 1 August 1992, 21(1)Publication details: 1992Subject(s): Summary: The Halifax building society has announced a scheme to help borrowers in trouble by reducing the mortgage and taking a share in the equity of the property. The society would recoup the balance, when the borrower moves, if house prices have gone up.

The Halifax building society has announced a scheme to help borrowers in trouble by reducing the mortgage and taking a share in the equity of the property. The society would recoup the balance, when the borrower moves, if house prices have gone up.