GOVERNMENTS’S £200 MILLION SCHEME TO STOP FAMILIES LOSING THEIR HOMES HELPS JUST ONE HOUSEHOLD!!

Figures released last week reveal that a Government scheme to stop families from losing their homes has only helped one household since its launch in January… So basically, just another failure to add to Labour’s ever increasing list.

The £200 million Mortgage Rescue Scheme was supposedly aimed to protect the most vulnerable homeowners by enabling them to sell all or part of their property to a registered Social Landlord. But insanely, out of the 452 households that applied since January, only ONE has so far been helped, according to the figures.

Even the Lib-Dems have noticed how appalling this is. The Liberal Democrat Shadow Housing Minister Sarah Teather said the following; “ Tens of thousands of families will face the misery of repossession and homelessness this year but the government’s scheme has helped just one household. This is an appalling failure by a Government that is more interested in headline-grabbing then in helping families through the economic crisis.” I couldn’t of said it better myself.

Figures show that a total of 1,104 households approached their local authority asking for help as they are getting swamped under with mortgage difficulties during March, of which 407 were deemed to be in a priority need category due to the fact that they had young children or were elderly. This is the miserable situation that Britain finds itself in, due to the incompetent Labour Government. However, even though they caused this mess, they are not doing anything to remedy the situation.

Some may point to the Government’s Homeowner Mortgage Support Scheme. The simple fact is this folks, the scheme was revealed back in December, but it has come available to homeowners with certain lenders this month. During this period a total of 28,000 families have lost their homes.

The government are not doing what is needed to help out homeowners. The council of Mortgage Lenders has estimated that repossessions will soar to 75,000 this year, up from 40,000 last year, which is the highest figure for 12 years. The Government should stop with pointless schemes, meant only to give the impression of them being pro-active, and instead should actually give help to British families who are struggling in this economic hell-hole they created.