U.K. Mortgage Rescue Scheme Attracts Few

15 Dec 2009

The U.K.’s government’s mortgage rescue scheme is attracting far fewer homeowners than was projected, according to Andy Pratt, coo of Alexander Hall, a mortgage adviser.

The U.K.’s government’s mortgage rescue scheme is attracting far fewer homeowners than was projected, according to Andy Pratt, coo of Alexander Hall, a mortgage adviser. Pratt says only 15 households have taken advantage of the scheme, which allows borrowers to defer interest payments for up two years, since ...

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