Rochdale Boroughwide Housing (RBH) has become the first ALMO in the country to acquire properties as part of the government’s Mortgage Rescue Scheme. The initiative is designed to help vulnerable households who may be at risk of having their home repossessed. It allows householders to remain in their home as tenants paying rent rather than as homeowners - and eases both the financial and physical disruption that can occur when a family is forced to move because of repossession. Brighter Horizons the charitable subsidiary of RBH has recently acquired the first two of a planned ten properties in the borough. Read more on 24dash.
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