Rosie Cooper MP has welcomed the news that the Government will invest £2 million into West Lancashire to prevent homeowners from having their houses repossessed. The money will be allocated to the Repossessions Prevention Fund that enables local authorities to extend small interest-free loans of up to £5,000 to families at risk of homelessness through repossession or eviction.

Housing Minister John Healey extended the Government’s campaign to West Lancashire in order to help struggling homeowners get a grip on their finances and avoid repossessions.

Rosie Cooper MP said: “I am delighted that the Government has decided to invest in West Lancashire to ensure that families who find themselves struggling with their mortgage payments get the help and advice they need. The first step is contacting your local Citizens Advice Bureau (CAB) who will offer you advice and support to help you sort out your debt.

“Many families in difficulty don't know where to turn and many suffer in silence worrying that they will lose their homes. Don't bury your head in the sand and don’t be embarrassed to seek help if you need it. Contacting your lender and the CAB and even when court papers have been issued, will enable you to find the help you need. Doing nothing is the worst thing you can do when falling behind on your payments.”

New advertisements will be played on the local airwaves encouraging listeners to visit the Government’s repossessions help website at www.direct.gov.uk/mortgagehelp. Homeowners will also see advertisements in their local and national press  pointing to this and the National Debtline’s free advice line on 0808 808 4000. 

John Healey said: ”With the pressure on homeowners set to continue this year, I’m determined that they get the help they need.

“That’s why I’m extending our campaign so families across the country can get the free, impartial advice they need online, on the phone or on the high street. And it’s why I’m boosting councils’ coffers in the high risk areas so they can ensure people get the individual, flexible support they may need.

“The comprehensive range of Government help available – and tougher rules on lenders - will mean that repossessions remain the last resort.”

Anyone wanting to attend their local housing advice event should contact their local Citizens Advice Bureau.  To find a local Citizens Advice Bureau, visit www.citizensadvice.org.uk