Financial Times FT.com

Package aims to help avoid loss of homes

By Jim Pickard, Political Correspondent

Published: May 9 2008 03:00 | Last updated: May 9 2008 03:00

A package of measures to bolster beleaguered homeowners will be announced today in a sign of growing government alarm about the fall-out from the housing slowdown.

Official figures are expected to show a surge in repossessions today as rising mortgage costs make it difficult for more people to hold on to their homes.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this