Showing posts with label mortgages. Show all posts
Showing posts with label mortgages. Show all posts

Another Costly Labour Cock-Up

Tuesday, 22 December 2009

Cost of Government scheme to avoid repossession is £165,000 per household.
The Homeowner Mortgage Support Scheme was announced in a big fanfare a year ago to help struggling borrowers stay in their homes, but has ended up helping just 15 families so far.

The Government confirmed today that the scheme has cost the taxpayer £2.5 million.
Clever.
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