000			01385cab a2200241 4500
001			WB2807-27
008			090401t1992 xxu||||| |||| 00| 0 eng d
035			_a(Sirsi) u33290
041			_aeng
245			_aHome rescue schemes offer scant hope
260			_c1992
350			_a0
490			_aTimes _v7 February 1992, 6
490			_aFinancial Times _v10 February 1992, 3
490			_aGuardian _v13 February 1992, 3(4)
520			_aA Times survey suggests that the well-publicised mortgage rescue schemes will have little effect on reducing the number of repossessions. Gives details of the scheme launched by the Halifax Building Society in the form of a loan of £18m to four housing associations to purchase property under repossession, thus allowing the occupants to become tenants. The Halifax initiative follows the announcement of Nationwide Anglia`s mortgage to rent scheme. Looks at the range of schemes available following the Council of Mortgage Lenders latest figures on mortgage repossessions which show that number of repossessions have risen by 72% between 1990 and 1991. National Westminster Bank and Leeds Permanent Building Society have also launched their own mortgage rescue schemes.
650			_aMORTGAGE RESCUE SCHEMES
650			_aMORTGAGE TO RENT
650			_aREPOSSESSIONS
690			_aHOUSING-FINANCE
942			_n0
948			_c04/03/1997
999			_c22251 _d22251