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British Homeowners Granted Mortgage HolidayQuicklink Submitted By Sheila Samples No comments
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| Offering a lifeline to homeowners is seen as the "rabbit out of the hat" on a day when the Queen unveiled one of the thinnest programmes of legislation seen in parliament. The scheme would offer protection to households falling behind on mortgage payments when one earner loses their job, falls ill, or suffers a big fall in income. Lenders have agreed to offer eligible families a holiday on mortgage interest payments. |
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Sheila Samples is an Oklahoma writer and a former civilian US Army Public Information Officer. She is a Managing Editor for OpEd News, and a regular contributor for a variety of Internet sites.
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