Government housing scheme appoints Lewis Hymanson Small

The Mortgage Rescue Fast Track, a government scheme designed to help struggling homeowners, has selected Lewis Hymanson Small, to act for all owners who are selling under the Mortgage Rescue Scheme.

As a result of the recession, the Council of Mortgage Lenders suggests around 48,000 Britons will have their homes repossessed during 2009.

The Mortgage Rescue Fast Track Scheme is aimed at the most vulnerable households, those with dependant children, elderly, disabled or long-term ill members, who are at risk of having their home repossessed. The scheme allows homeowners to remain in their home by, selling all or part of their house to a registered social landlord so they are able to reduce their mortgage payments.

Paul Robinson, Mortgage Rescue Fast Track co coordinator, said:

“We decided to work with LHS because of their experience and expertise in the social housing sector. They already work with Plumlife, a not-for-profit Manchester company specialising in shared home equity and tendered to work with Great Places, a North West housing association.”

Claire Egerton, residential property partner at law firm Lewis Hymanson Small, said:

“It’s wonderful to be part of such major national housing scheme. Handling the potential repossession cases for Mortgage Rescue Fast Track is a great opportunity to showcase our residential property specialism’s and grow our portfolio.

“We apply a different approach to each case we work on to ensure we find the best possible solution for the families living in the property. The Mortgage Rescue Fast Track scheme provides help to ensure families stay in their homes.”