The government has recently promoted three new schemes to help struggling homeowners that have insufficient money in savings accounts to help support their mortgage repayments when faced with a loss of income. The schemes are aimed at homeowners that may be unable to keep up their mortgage payments for one reason or another. It...
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The government this morning announced a £200million mortgage rescue scheme that may help around 6,000 homeowners facing repossession, money saving expert heard today.  This new initiative is aimed at stopping thousands of vulnerable homeowners from losing their homes in England and will start from this Friday.  The scheme is primarily targeted at families with...
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Latest forecast by the British Chamber of Commerce suggests that unemployment figures could rise to ten percent or around 3.1 million people during this year 2009. According to Credit Action personal debt in Britain today stands at almost £1.456 billion in November and the amount of debt has surged ahead of the country’s gross...
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