• From The BBC:

    Just six families in England have been helped by the government’s mortgage rescue scheme, a minister has admitted.The £200m initiative, launched in January, aims to help vulnerable families who are at risk of repossession to stay in their homes. The Tories said people wanted “action not slogans” while the Lib Dems said the scheme was moving far too slowly. In response, Housing Minister John Healey said people most at risk would be able to get help quicker in future. ‘Fast-track help'”To make sure families are getting the support they need, I can confirm that from next month a new central team will operate to manage and fast-track the cases of those most at risk of repossession,” he said. Facing criticism of the scheme’s effectiveness, ministers have insisted it is gaining momentum. As well as the six families for whom the threat of repossession has been completely lifted, they say a further 200 have received interim support while another 295 cases are currently being considered….

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    Posted by Jon @ 12:33 pm

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