000 00950cab a2200241 4500
001 WB2822-35
008 090401t1992 xxu||||| |||| 00| 0 eng d
035 _a(Sirsi) u26517
041 _aeng
245 _aFalling house price trap
260 _c1992
350 _a0
490 _aTimes
_v2 June 1992, 17
520 _aAt least 278,000 first-time buyers have mortgages larger than the current values of their properties according to official figures from the Council of Mortgage Lenders. A report to be published by UBS Phillips & Drew, the securities house, says that if second-time buyers, those remortgaging and those in arrears are included in the calculation, almost 2m people have liabilities that exceed their assets.
650 _aFALLING MARKET
650 _aFIRST TIME BUYERS
650 _aHOUSING MARKET
650 _aMORTGAGES
650 _aREMORTGAGING
690 _aHOUSING-FINANCE
942 _n0
948 _c04/03/1997
999 _c17826
_d17826