Independent Councillor Patrick Clarke has welcomed a recent announcement by the Department of Social Development to increase funding to the Mortgage Debt Advice Service (MDAS) by 50%.
The increase in funding will enable the Housing Rights Service to provide valuable support to more people who are in mortgage crisis and further help reduce the risk of people facing homelessness and repossession.
Independent Councillor Patrick Clarke said:xa0“I welcome the Department of Social Development increasing by 50% the level of funding for the Mortgage Debt Advice Service provided by the Housing Rights Service, which will see its funding increase to £340,000 in 2015/16, an increase of £115,000 from 2014/15.”
“I have no doubt this will enable more people to benefit from the Mortgage Debt Advice Service and also further help reduce the risk of homelessness for those facing difficulties with mortgage debt. The additional funding allocated to this important service will ensure that the MDAS can provide essential advice to even more people.”
“I would encourage anyone who feels that they are in danger of losing their home to access this support as early as possible. The Housing Rights Service will help to explore all the options available to avoid the threat of repossession and secure an affordable and sustainable solution.”
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