Posts Tagged ‘MRS’

In danger of losing your home? Have you considered the Mortgage-to-Rent Scheme (“MRS”)?

Aug 30, 13 • blog_postsComments Off on In danger of losing your home? Have you considered the Mortgage-to-Rent Scheme (“MRS”)?

In danger of losing your home? Have you considered the Mortgage-to-Rent Scheme (“MRS”)?
The MRS is a government initiative to help homeowners who are at risk of losing their homes. Under the MRS you voluntarily surrender ownership of your home and become a tenant of a housing association instead. How does the MRS work? In effect you surrender possession of your home to your lender who immediately sells [&hellip...