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New help for jobless homeowners

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01-05-2009, 05:38 PM

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New help for jobless homeowners

The Government is improving the help available for homeowners facing mortgage arrears, and ultimately repossession, because they have lost their jobs.Changes to Support for Mortgage Interest (SMI) were outlined last year and due to take effect from April 2009 but the worsening of the credit crisis and rising unemployment have prompted ministers to bring forward [...]

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