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House price misery

Series: Guardian ; 26 August 2000, 2.2(2)Publication details: 2000Subject(s): Summary: Despite a relatively stable property market, many mortgage lenders continue to sell repossessed homes at reduced prices. This, combined with a past policy of lending up to 7 times a borrower's income means that negative equity is still proving hard to eradicate.
Holdings
Item type Current library Call number Copy number Status Barcode
News article London News article WB3634-21 (Browse shelf(Opens below)) 1 Available 108057-1001

Despite a relatively stable property market, many mortgage lenders continue to sell repossessed homes at reduced prices. This, combined with a past policy of lending up to 7 times a borrower's income means that negative equity is still proving hard to eradicate.