BUILDING SOCIETIES
OPERATIONS IN BRITAIN (British Official Wireless) RUGBY, Feb. 2 (Received FY-b 3, at 5.5 p.m.) Sir Enoch Hill, president of the Halifax Building Society, stated that of 3.000,000 houses built" in this country since the Armistice approximately 2.000.000 have been bought through building societies More than 1,000,000 British citizens were buying their homes through building societies at present Since the end of the war societies had lent to home buyers £1.000,000,000 and today the movement wns in a stronger position than ever The assets exceeded £600,000,000 and the number of share investors and borrowers was more than 3.000.000 During 1935-36 £130.000.000 was advanced on mortgage to enable some 240,000 citizens to buy houses.
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Bibliographic details
Otago Daily Times, Issue 23106, 4 February 1937, Page 10
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115BUILDING SOCIETIES Otago Daily Times, Issue 23106, 4 February 1937, Page 10
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