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  • mortgagerescue thumb Mortgage Rescue Scheme: ScotlandHousing laws vary between England and Scotland so it is important to get reliable information that applies to your area.

    Scotland has has a scheme similar to England’s Mortgage Rescue Scheme in place since 2003. This program offers Scottish homeowners facing foreclosure or repossession the option of selling their home to a housing association and stay in their home as tenants. The value of the house is used to pay off the homeowner’s mortgage and any late payments still pending.

    englandmap 213x300 England: Government Mortgage Rescue Scheme

    The housing rules for England do not always apply to Scotland or other regions in the United Kingdom.

    If you are at risk of losing your home, the Mortgage Rescue Scheme is an initiative you should look into. Although this website does not provide homes or loans we have done the research to provide you with the advice you need to save your home from a repossession.

    Our first piece of advice is act quickly. Once you are behind in your payments and a lender starts a repossession claim, time is of the essence.