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What does LAM stand for?

LAM stands for Local Authority Mortgage

This definition appears very rarely and is found in the following Acronym Finder categories:

  • Business, finance, etc.

See other definitions of LAM

Other Resources:
We have 170 other meanings of LAM in our Acronym Attic

Samples in periodicals archive:

Flintshire councillors yesterday lent their support to the new Local Authority Mortgage Scheme (LAMS), which provides backing to young people who cannot raise enough cash for a deposit on a house.
Riverside councillor Mohammed Islam, who will propose the motion at the next full council meeting, said: "The Local Authority Mortgages (LAM) scheme has been developed by a number of local authorities in Wales in recognition of the difficulty that many first-time buyers have accessing the property market, often because they are unable to raise the deposits, that a 70% loan to value mortgage requires.