Every local authority in the UK has signed up to a government plan for struggling householdersMore than 300 householders who face having their homes repossessed have applied for the government’s Mortgage Rescue Scheme.The vulnerable families should qualify for the new support plan, which effectively sees a “registered social landlord” – usually a housing association – step in either to buy a chunk of their home and then impose more affordable mortgage repayments, or to purchase their property outright and rent it back to them as tenants. Continue reading…
Source : theguardian.com
Read more…Hope for those at risk of repossession
