Time for mortgage benefits
Article Abstract:
The number of home repossessions and mortgage arrears has decreased rapidly due to the economic recession in the UK despite income support. About 44,000 homes were repossessed in 1990 compared to 3,500 in 1980. Repossessions and arrears have inceased as a result of high unemployment, high interest rates and decreasing property values. The study suggests a mortgage benefit scheme based on the principles of the existing housing benefit scheme which subsidises low-income tenants' rents. Families on low income would receive 100% mortgage interest subsidies.
Publication Name: Fiscal Studies
Subject: Business, general
ISSN: 0143-5671
Year: 1992
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Mortgage brokers branch out
Article Abstract:
Australian mortgage broking firm Money Street Group is attracting new customers through its dedicated network of retail branches on the high street which specialize in deposit bonds.
Publication Name: Business Review Weekly
Subject: Business, general
ISSN: 0727-758X
Year: 2001
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