Plans to offer mortgage help unveiled

Up to 6,000 households across the county could be supported by the new Mortgage Rescue Scheme which is being backed by Rother, Eastbourne, Hastings, Lewes and Wealden councils.

The scheme intends to give the best possible assistance to those affected by the economic downturn.

It offers two products; a shared equity scheme with a housing association paying off a proportion of the mortgage or the home being sold off to a housing association which rents it back under an assured shorthold tenancy.

However it will not be available to everyone and applicants will have to meet the appropriate criteria.

Free help and advice is available by visiting rother.gov.uk/housing or calling 01424 787000.