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Endowments hit buyers

Language: English Series: Daily Telegraph ; 19 August 1996, 21(1)Publication details: 1996Subject(s): Summary: Fewer households would be suffering negative equity, with the total debt being a tenth of its current level, if homebuyers had opted for repayment rather than endowment loans, according to research by stockbrokers UBS.

Fewer households would be suffering negative equity, with the total debt being a tenth of its current level, if homebuyers had opted for repayment rather than endowment loans, according to research by stockbrokers UBS.