Ministers promise £500 million in mortgage assistance
The government is to announce up to £500 million to help struggling homeowners keep their homes. It is expected that the homeowners mortgage support scheme will allow borrowers with mortgages…
Tag: mortgage holiday
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Mortgage holidays could end in lawsuits
Banks have warned Gordon Brown that the £1 billion scheme to underwrite mortgage holidays for cash-strapped homeowners could result in a wave of lawsuits if house prices continue to fall.…