Repossession Due to Missed Mortgage Payment:
Are Govt Schemes Working?
|Remember: Most repossessions
can be stopped
Government has launched numerous schemes designed to help
people facing repossesion of their homes.
The tax payer has generously funded these schemes with
almost £200 million to date. This should help many people to
keep roof over their heads. People ahve high expectations, and
rightly so. The schemes are
- Mortgage Rescue Scheme
- Homeowners Mortgage Support Scheme
- Support for Mortgage Interest, and
- Pre-Action Protocol
But the big question is:
Is any one taking notice?
Are these schemes working?
First appeared on BBC oline, we have a story of some one who
is literate, educated and understands the system. He worked for
financial institurions in the City of London as a project
manager. He is amused and baffled that his own lender has
failed him. Govt schemes have not helped.. so far.
We have an audio commentary for you to listen and make up
your own mind. Up the volume of your computer, and click on
Play button to start.
Are you worried that your house may be
Click here to stop
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