Unallocated mortgage rescue funds has prompted a housing association – delivering the largest rescue programme in the UK – to call on the Government to extend the application deadline.
Radian received an allocation of £30.6m for 2012-14 to deliver 398 cases, however, it says there is still £115m unallocated from the initial £221m the Government budgeted for 2,500 completions.
The scheme enables homeowners facing severe financial difficulties to sell all or part of t...
