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Mortgages: Government Assistance

Volume 496: debated on Tuesday 1 September 2009

To ask the Secretary of State for Wales what schemes the Government has made available to families in Wales who face mortgage repossessions. (288900)

The UK Government have a number of initiatives to help Welsh homeowners—the Support for Mortgage Interest Scheme and the Homeowner Mortgage Support Scheme, both apply in Wales. In addition, we have also put in place a number of other measures, including new court protocols to protect homeowners, secured commitments from major lenders not to repossess homes within three months of arrears and have invested a further £25 million to extend free debt advice. All of these measures are available to consumers across the country.

The Welsh Assembly Government also provides support to struggling homeowners, through the Mortgage Rescue Scheme.