HOMEOWNERS “AT BREAKING POINT” – LABOUR DEMANDS ACTION ON MORTGAGE CRISIS

Scottish Labour housing spokesman Mark Griffin.

By Bill Heaney

Scottish Labour has demanded action from the Scottish Government as thousands of Scots seek help with mortgage repayments.

A new report by Citizens Advice Scotland has revealed that demand for mortgage-related advice is at a record high, with the number of views on pages offering advice on mortgage payments increasing by 336 per cent in a year and 88 per cent in a single month.

Their page on “What to do if you can’t pay your mortgage” received over a record 3,000 unique page views in June alone.

Last year Scottish Labour set out its proposals for a Mortgage Rescue Scheme to help people struggling with soaring mortgage costs and prevent a wave of repossessions.

The plans involved expanding eligibility the Scottish Government’s existing Home Owners Support Fund to make it fit for purpose.

The Scottish Government has been carrying out its own review into the scheme, which was supposed to conclude in Spring 2023 – but no changes have been announced yet.

Commenting, Scottish Labour Housing spokesperson Mark Griffin said “Mortgage costs are spiralling out of control and homeowners are at breaking point – but the SNP is missing in action.

“This crisis was made by the Tories, but the SNP cannot stand idly by when people are at risk of losing their homes.

“Scottish Labour’s Mortgage Rescue Scheme sets out how we can use the powers

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