THE MARGIN When the home buyer is arranging lira nee, he finds that the “margin of value required on a first-mortgage is one-third of the total value, and ha is often, therefore, forced to borrow on a second mortgage at a higher rate of interest. This means that the total interest charges add up to the equivalent of a rental, and if he is required to provide annual payments off the principal, the total demanded of him represents too great a proportion of his weekly earnings. All this is avoided if the home buyer acquires his loan through the Pacific Starr-Bowkett Society, where the small “margin” required is built up by the fortnightly subscription of Is per share. , Save interest payments by joining No. 6 Group. Shares allotted from 1 to 10. flEach share ultimately carries a free loan of £IOO. Latest Booklet explaining all about Pacific methods on application. Office: 86 King Edward street.—tAdvfcJ
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https://paperspast.natlib.govt.nz/newspapers/ESD19270910.2.13.3
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Evening Star, Issue 19658, 10 September 1927, Page 2
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155Page 2 Advertisements Column 3 Evening Star, Issue 19658, 10 September 1927, Page 2
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