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DAILY TELEGRAPH British children from poorest homes 'being failed at school' - Thu, 09 Feb 2012 13:40:10 GMT
British children from poorest homes 'being failed at school' - Thu, 09 Feb 2012 13:55:18 GMT
FINANCIAL TIMES Bank of England lifts stimulus by £50bn - Thu, 09 Feb 2012 14:03:05 GMT
Bank of England lifts stimulus by £50bn - Thu, 09 Feb 2012 12:49:37 GMT
BBC NEWS BBC News - Business - Thu, 09 Feb 2012 10:25:36 GMT
BBC News - Business - Thu, 09 Feb 2012 12:51:04 GMT
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CML: Mortgage arrears and possessions conference at the The Midland Hotel, Peter Street, Manchester, M60 2DS
State to pay off mortgage arrears and interest
Hazel Blears has announced this morning that £300 million will be made available to help people facing repossession
The state will use £200 million to pay off mortgage arrears of "decent" families who have fallen into mortgage arrears and will allocate £100 million to pay mortgage interest. Despite initial public reaction which seems to be that people who have bought properties should have known the risks they were taking and should not get government support when they get into trouble, Hazel Blears believes that it is more cost effective to pursue this policy rather than see people thrown out of their homes.
Particularly upset are potential first time buyers who had previously been priced out of the market, and are now watching on as their taxes are used to subsidise homeowners.
- RICS calls for Goverment help
- Move over Darling
- Building Societies benefit from economic uncertainty.
- Abbey sees boom in demand for three year fixed mortgages.
- RBS & NatWest cuts rates again.
- CML introduces new-build valuation process
- Pathetic Stamp Duty policy announcement
- Too hard up to be green?
- AToM packages Kensington's Prime Verified Exclusive
- Save money on MPPI by shopping around
- Monmouthshire Building Society profits up