Mortgage rescue scheme costs £285m, helps just 2 families.

New Labour, useless wankers....Just two homeowners have been helped by a flagship initiative to save families from repossession, it emerged last night.

The Mortgage Rescue Scheme has been running since January, during which time nearly 20,000 homes are thought to have been seized.

Yet Margaret Beckett yesterday admitted that the £285million package had helped just two owners to hold on to their properties.

Defending the lifeboat scheme - announced amid fanfare last year - the housing minister said ten other families had been offered help and another 77 families were in line for assistance.

Critics said the figures were a scandalous failure caused by ministerial dithering.

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