Summary
A LONG-PROMISED [pounds]1bn scheme to help recession-hit families avoid repossession by deferring part of their mortgage repayments will get under way today.
Homeowners who lose their jobs, or are forced to take lower-paid work, will be able to suspend up to 70 per cent of their mortgage interest payments for up to two years, Gordon Brown will confirm.See the full content of this document
Extract
Brown's [Pounds]1bn Scheme to Help Family Mortgages
The PrimeMinister pledged last year that the payment holiday would prevent anyone losing their home who "demonstrates to the...
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