The material on this website is for information only
and is not intended as any recommendation or endorsement of any products or companies mentioned. We are not licensed by the FSA to give financial advice, and none of the material on this website constitutes or is intended to constitute financial ...
News
This RSS feed URL is deprecated, please update. New URLs can be found in the footers at https://news.google.com/news
This is MoneyDAILY BRIEFING: Vodafone tests new technology to protect aircraft from collisions with dronesThis is MoneyMEATY REVENUES Sales at Richmond sausages owner Kerry Group grew by 4.5 per cent last year to £5.65million. Profits at the Irish company increased from £470.8million to £519.7million. BUYER QUITS Posh store Harvey Nichols's group fashion buying ...and more »
This is MoneyTax chaos for 900000 savers as NS&I three-year pensioner bonds come to an endThis is MoneyRemember, you didn't owe any tax if your total earnings were within the personal allowance: £10,600 for April 6, 2015 to April 5, 2016 (£10,660 if you were born on or before April 5, 1938); £11,000 from April 6, 2016 to April 5, 2017; £11,500 for this ...
The RegisterCoinbase, Worldpay, Visa play blame game after dosh vanishes from crypto-fans' pocketsThe RegisterMy bank has said they have heard absolutely nothing from Coinbase or Visa or Worldpay. "Because of Coinbase, I have to live without the money that they took from me for at least two weeks now. I have to be late on bills, I have to borrow money, I have ...and more »
CNNMoneyHow to keep your kids from being ignorant with moneyCNNMoneyGoHenry is a money app for kids aged 6 to 18 and their parents that was originally launched in the UK in 2012. The company is preparing for a spring launch in the US. Children work on tasks or chores they've established with their parents and are paid ...and more »
Have you met...
Latest Members:


shizu


nbammoak


allemande


abnegation


mmotanknba


inlineclosure


machri

 

General News

Email this story to a friend:

Just six families helped to stay in their homes

Just six families in England have been helped by the government's mortgage rescue scheme.09-07-2009
 In January £200 million was set aside to help families facing immediate repossession to stay in their homes. In April, an extra £80m was added and the scheme was widened to include homebuyers whose homes were worth less than the amount they had borrowed on the mortgage. Housing associations can buy homes from people who can’t keep up their mortgage payments and they can go on living there and pay. The government hoped the scheme would help up to 6,000 households and says another 200 families have received interim support and a further 295 cases are being considered. But critics say the vast majority of the people who have applied have been told they’re not eligible, the scheme is working too slowly and the number of homes repossessed could reach crisis point unless the Government does more to help.  

Scotland, Wales and Northern Ireland have or will have similar schemes.  

If you are having problems making your mortgage repayments get advice from your local advice centre or CAB. You can find details in your phone book or click on ‘links’ on this site. There are also factsheets on repossession, debt and negative equity in the 'Factsheets' section of this site.

Advertise with us  |  Privacy  |  Terms & Copyright                                                                                     Website maintained by USP Networks