The Homeowners Mortgage Support Scheme is expected to open in April with the first lenders. The scheme will help ensure hard working people who suffer a temporary loss of income can stay in their home. It enables households that experience a redundancy or significant loss of income to reduce their monthly payments to a more manageable level, by deferring a proportion of the interest payments on their mortgage for up to two years. Further detail, including the eligibility criteria is available at:
http://www.communities.gov.uk/housing/buyingselling/mortgagesupportscheme/