Mortgage Rescue Scheme Northern Ireland
The Mortgage Rescue Scheme in Northern Ireland (see reference 1) will follow the same basic guidelines as the Mortgage Rescue Schemes in the rest of the U.K. These schemes have been created to assist the homeowners who are in imminent danger of having their homes foreclosed on.

The programmes are supposed to help the most “at risk” segments of the population, while helping to slow down the real estate crisis which is plaguing Northern Ireland.
At risk populations include – Women who are pregnant, families with minor children, the physically or mentally disabled, the elderly, and people who would be homeless should their properties be repossessed by their lending institution.

England’s Mortgage Rescue Scheme Changes Gears

The government has announced significant changes in the way England’s Mortgage Rescue Scheme finances aid for struggling borrowers. The English program is similar to other housing programs in Scotland, Wales and Northern Island. The purpose of the scheme is to help struggling homeowners at risk of foreclosure who cannot find other methods to avoid losing their home. It also focuses on borrowers that will qualify for homeless aid if they lose their home.