Money Watch – Personal Finance Blog

Mortgage Rescue Scheme Helps (A Few) More Families

Remember we talked about the ill-conceived “mortgage rescue scheme” a few months ago, and the fact that it had helped just one family?

Well, there’s some good news.

The best part of £300million thankfully hasn’t been wasted. Figures show that the scheme has now helped a total of 15 families in England, and as many as 70 families in Wales. Sadly, nobody in Scotland has yet benefited from the scheme, and Northern Ireland is still waiting to receive funding for it, but hey, at least it’s a start.

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