Jobless May Lose Share of Home In Return For Benefits

Unemployed homeowners will have to give a stake of the equity in their home to the State in return for help in paying their mortgage, under a plan favoured by ministers. The move would break new ground in funding the welfare state and could save millions of pounds. Under the proposals, unemployed homeowners who qualify for the scheme would be given indefinite help paying the interest on their mortgage. The State would recoup some of the money when the claimant died or sold their house. From The Times.