Wirral Methodist has joined a small group of housing associations taking part in a Government backed “Mortgage Rescue” scheme to prevent owner occupiers in difficulty with their mortgage payments from becoming homeless through repossession.
Under the special arrangement, run in conjunction with Wirral Council and Plus Dane the Association will purchase the property, carry out repairs to bring it up to a `Decent Homes Standard` and the residents will become tenants of the Association.
The Association is in the process of delivering its first 5 properties under the scheme with the assistance of capital grants from the Homes & Communities Agency.
Alun L Hughes
Chief Executive