Moneytimes with Jill Kerby

Government hatches a mortgage arrears plan - just about

Personal finance columnist, Jill Kerby.

A mortgage-to-rent pilot scheme, just one of the several proposals from the latest expert group on mortgage arrears and negative equity, is expected to get underway very shortly, but anyone thinking that this might be the solution to all their homeloan debt problems should probably think again.

While the Keane Report throws out some lifelines to the nearly 100,000 people who already cannot pay their full mortgages, it is not a panacea for the delivery from debt that many might have hoped it would be.

For Jill's full piece, see this week's paper.