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Building Societies (Mortgage Repayments)

Volume 885: debated on Wednesday 5 February 1975

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46.

asked the Secretary of State for the Environment if he will seek in his present discussions with the building societies to establish rules and guidelines for helping people who, due to unforeseen economic circumstances, are having difficulties with their mortgage repayments.

Building societies have a long tradition of giving sympathetic treatment to people in difficulty with their mortgage repayments.