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Homeowners get extra help to avoid repossession

Boarded up house in Gravesend.
Boarded up house in Gravesend.

by Jo Sword

Homeowners struggling to avoid repossession in Medway and Thanet are to get an extra helping hand.

The Government is targeting the two areas with impartial help for people who are behind with their mortgage payments.

In all, 56 areas around the country will share £2million to help those feeling the pinch.

Special mortgage awareness events are to be held by the Citizens Advice Bureau and will take place in public areas to offer on-the-spot advice.

According to Housing Minister John Healey, many of us do not know what our rights are.

He said: "We have tough rules in place that mean lenders have to be flexible, have to be patient, have to be ready to renegotiate the terms of the mortgage and can only repossess as a last resort."

The campaign has already been running in some areas of the country and more than 330,000 households have received help and advice with their mortgages over the past year.

A major advertising campaign will soon begin to raise awareness.

If you need help, call National Debtline's free advice line on 0808 808 4000 or visit the Mortgage Help website.

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