The Government was due to announce details of The Home Owner Mortgage Support Scheme today.  The scheme was designed to stop people from losing their homes when hit by a sudden change in financial circumstances.

Unfortunately the government have confirmed that they are still locked in talks with participating lenders about the details of the scheme.

It is thought that the scheme may allow homeowners to defer mortgage interest for up to two years.  The full details of the scheme have been delayed until April says the communities department.