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How does the Mortgage Rescue Scheme work?

mortgage rescue Scheme
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How does the Mortgage Rescue Scheme work?

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A. You can be referred to the scheme by advice agencies, such as the Citizens Advice Bureau or Shelter, your mortgage lender or the courts. You can also contact us directly. We will arrange for you to meet with a money adviser. They will help you draw up a plan to manage your debt and provide advice on how you can meet your mortgage payments. We may arrange an assessment of your home. If you receive financial help , it will be through a Housing Association and will be by way of either a ‘shared equity loan’ or ‘Government mortgage to rent’. You will continue to receive advice after you have entered the scheme to help you manage your finances.

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