Brown throws homeowners mortgage lifeline

Article Date : 04 December 2008
News Section: United Kingdom

Homeowners facing the threat of repossession were on Wednesday offered a government lifeline in the form of a £1bn scheme that will allow mortgage interest payments to be deferred for up to two years. Gerorge Parker, FT.com - 3 December 2008 Gordon Brown, speaking at the start of the debate on the Queen’s Speech, said eight of...

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