LBC/IRN · London Broadcasting Company

Title

House repossession measures

Genre

Interview

TX Date

Unknown

Year of production

1991

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Duration

00:05:12

Description

Chief Secretary to the Treasury David Mellor on Chancellor Norman Lamont’s package of measures to stem the tide of house repossessions and boost the property market, including payment of income support for mortgages direct to the lender, and sale and rent back schemes with building societies. Also on the pressure on the Chancellor to increase interest rates following Germany’s lead. Male interviewer not identified.

Contributors

David Mellor

Keywords

Housing; Economic systems; Interest rates; Building societies; Mortgages (loans); Norman Lamont; Income support

The copyright of audio recordings in the LBC / IRN Digitisation Archive is owned by Global Radio UK Ltd.