Government must help thousands on verge of repossession
Liberal Democrat Shadow Chancellor Vince Cable MP has called on the government to do more to protect those at risk of repossession in the current economic climate. Dr Cable's proposals include introducing regulated Mortgage Rescue Schemes. These would allow families struggling with repayments to sell all or part of the equity in their house, and then rent it back from a housing association or private firm to help keep them in their home
1 Sep 2008
