Repossessions may rise
Language: English Series: Times ; 8 November 1997, 54(1)Publication details: 1997Subject(s): Summary: Repossessions are set to rise as the gap between state aid and mortgage repayments widens. The government continues to calculate benefits at an interest rate of 7.57%, causing borrowers on variable rates of up to 8.45% to fall into arrears.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB3344-27 (Browse shelf(Opens below)) | 1 | Available | 81977-1001 |
Repossessions are set to rise as the gap between state aid and mortgage repayments widens. The government continues to calculate benefits at an interest rate of 7.57%, causing borrowers on variable rates of up to 8.45% to fall into arrears.