The Mortgage Rescue Scheme is no longer available. However other options are available to prevent your home from being repossessed.

The Mortgage Rescue Scheme is no longer available.

However, if you’re getting certain income related benefits you might be able to get help towards interest payments on:

  • your mortgage
  • loans you’ve taken out for certain repairs and improvements to your home

This help is paid as part of your benefit and is called Support for Mortgage Interest (SMI).

MoneyMagpie offer advice on what yo can do if you are struggling to pay your mortgage.

You may be able to postpone or stop your home being repossessed. For a step by step guide which will explain what you can do to avoid repossession and help with costs, click here.

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