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1970s revival

By: Language: English Series: Property Week ; 73(24) 13 June 2008, 44-45(2)Publication details: 2008Subject(s): Summary: Reports on a call to introduce 1970s-style mortgage guarantees (backed by housing associations or local authorities) to help mitigate the effects of limited lending, get people onto the property ladder and help homeowners at risk of defaulting on their mortgages. Discusses how such a scheme would operate and what the likely outcomes might be.

Reports on a call to introduce 1970s-style mortgage guarantees (backed by housing associations or local authorities) to help mitigate the effects of limited lending, get people onto the property ladder and help homeowners at risk of defaulting on their mortgages. Discusses how such a scheme would operate and what the likely outcomes might be.