03-11-2017 13:53 via huffingtonpost.co.uk

John Healey: Scrapping Mortgage Help Scheme Will Push Millions Closer To Homelessness

Plans to scrap a government mortgage help scheme - coupled with a hike in interest rates - could push millions of families closer to homelessness, according to Labour’s shadow housing minister.John Healey says the shock to household finances caused by the first rates rise in 10 years could cause problems for 3.5 million households with variable rate mortgages.The government’s decision to turn its Support For Mortgage Interest scheme, which previously helped those struggling
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