Submitted on Friday 11th November 2011
Published on Friday 11th November 2011
Current status: Closed
Closed: Sunday 11th November 2012
Signatures: 2
Bring Back Building Societies
We used to have, be in this country, a system whereby young people saved money in Building Societies to accrue enough money for a deposit to buy a house.
The societies only purpose was to lend money for houses purchases.
I propose the government orders the banks that we, the tax payers own, to re-install this simple, tried and tested system of saving for the intention of house purchase.
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