000			01410cab a2200313 4500
001			WB2841-24
008			090401t1992 xxu||||| |||| 00| 0 eng d
035			_a(Sirsi) u43608
041			_aeng
245			_aNegative equity
260			_c1992
350			_a0
490			_aHM Treasury Press Release _v(103/92) 20 October 1992
490			_aFinancial Times _v21 October 1992, 1&20
490			_aTimes _v21 October 1992, 1
490			_aDaily Telegraph _v21 October 1992, 7
490			_aGuardian _v21 October 1992, 12
490			_aIndependent _v21 October 1992, 22(6)
520			_aThe Government is introducing two measures designed to help homeowners with negative equity who wish to move house. Firstly the Building Societies Commission is to raise the amount which building societies may lend unsecured from £10,000 to £25,000. Secondly lenders will be allowed to exchange the security of one property for another against the original loan without the loss of mortgage interest tax relief. Secondary legislation required for introducing these measures is expected to follow.
650			_aBUILDING SOCIETIES COMMISSION
650			_aHOUSING MARKET
650			_aMORTGAGES
650			_aNEGATIVE EQUITY BORROWERS
650			_aNEGATIVE EQUITY
650			_aUNSECURED LOANS
690			_aPROPERTY-RESIDENTIAL PROPERTY-RESIDENTIAL PROPERTY MARKET
942			_n0
948			_c04/03/1997
999			_c27792 _d27792