Call to Increase Home Ownership

The HeraldJanuary 12, 2005

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Summary


THE Council of Mortgage Lenders yesterday urged the government to do more to encourage home ownership after figures showed the UK lags behind many of its EU neighbours.

It is a popular myth that the UK tops the league in the level of home ownership in Europe, the CML said. A recent report showed that, at 69per cent, the UK has exactly the average level of home ownership in Europe - ranking only fourteenth in the home ownership league.

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Call to Increase Home Ownership

However, at nearly 21per cent, the UK's level ...

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