000 00951cab a2200265 4500
001 WB2844-20
008 090401t1992 xxu||||| |||| 00| 0 eng d
035 _a(Sirsi) u59564
041 _aeng
245 4 _aThe problem of negative equity
260 _c1992
350 _a0
490 _aFinancial Times
_v7 November 1992, 8 & VI
490 _aTimes
_v7 November 1992, 32(2)
520 _aA consumer-led recovery is viewed as unlikely with 1.5m mortgage holders with negative equity. In an attempt to address the mortgage debt trap, the Woolwich have launched a scheme, whereby parents` homes can be used as security against the shortfall on the sale of their children`s property.
650 _aBUILDING SOCIETIES
650 _aHOME OWNERSHIP
650 _aMORTGAGE DEBT
650 _aNEGATIVE EQUITY
650 _aRECESSION
650 _aWOOLWICH BUILDING SOCIETY
690 _aHOUSING-FINANCE
942 _n0
948 _c04/03/1997
999 _c36556
_d36556