West Lothian Council delivers

Help with your mortgage

 

Homeowners Mortgage Support: (new window)  helps people who are having difficulties meeting their mortgage repayments, but are likely to get their finances back on track in the near future.

Homeowners' Support Fund (HOSF): (new window) provides two schemes to help Scottish home owners struggling to keep up with mortgage payments 'Mortgage to Shared Equity' and 'Mortgage to Rent'. Online tools: Are you in danger of losing your home?

• The Mortgage to Shared Equity scheme involves the Scottish Government taking a financial stake in the home of an owner who is in danger of being made homeless.
• The Mortgage to Rent scheme helps people facing repossession to stay in their home as tenants of a social landlord.

The schemes are intended to help homeowners with lower value homes who are unable to downsize, who cannot access the HMS scheme. Check whether you are suitable to be considered foradmission to the Homeowners' Mortgage Support or the Homeowners' Support Fund can be considered by the lender, the homeowner must access independent money advice from an approved money adviser from the not-for-profit sector, such as the Advice Shop or the Citizens' Advice Bureau.

The  purpose of accessing money advice is to ensure that you understands all of the options available to you, and specifically the key risks and benefits of the HMS and HOSF schemes so that you are in a position to make an informed choice should your lender offer admission to one of the schemes.