Housing: Mortgages

House of Lords written question – answered on 10th February 2010.

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Photo of Lord Greaves Lord Greaves Spokesperson for Environment, Food and Rural Affairs, Spokesperson for Communities and Local Government

To ask Her Majesty's Government how many households have been assisted through the Mortgage Rescue Scheme; in which local authority areas the Scheme has been used; and how much of the £200 million allocated to the Scheme has been used.

Photo of Lord McKenzie of Luton Lord McKenzie of Luton Parliamentary Under-Secretary (also in the Department for Communities and Local Government), Department for Communities and Local Government, Parliamentary Under-Secretary (also in the Department for Communities and Local Government), Department for Work and Pensions, Parliamentary Under-Secretary (Department for Communities and Local Government) (also in Department for Work and Pensions), Parliamentary Under-Secretary (Department for Work and Pensions) (also in the Department for Communities and Local Government)

The Mortgage Rescue Scheme has been operational across England since January 2009. As part of the monitoring arrangements for the scheme, headline data for January to September 2009, provided by local authorities operating the scheme and broken down by government office region, are available on the department's website. The figures can be accessed using the following link: http://www.communities. Rov.uk/publications/corporate/statistics/mortgagerescuestatis tics.

Figures reported by local authorities from January to September 2009 are provided in a table, which has been placed in the Library.

In the current economic conditions, we have acted rapidly to put in place help and support for households struggling with their mortgage at every stage: from free debt advice when problems start, to free support for cases that reach court. Advice is available to all households struggling with their mortgage, with targeted schemes for those in most need. Data for the October to December period will be published on 11 February 2010.

The Homes and Communities Agency will report spend through the Mortgage Rescue Scheme after the end of the current financial year.

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