The bank that precipitated the credit collapse and was taken over by the Government has been accused of selling off job lots of repossessed homes at knockdown prices.
Northern Rock properties are being offered for sale with ‘get rich quick’ profits for fat-cat property developers based on exactly the same deals that triggered the banking system [...]

The Government today announced a new scheme to help people who suffer a temporary loss of income stay in their home.
The new Homeowner Mortgage Support Scheme will enable households that experience a significant and temporary loss of income as a result of the economic downturn to defer a proportion of the interest payments on their [...]