BSA and UKF statement on the Homes for Ukraine scheme

The Building Societies Association (BSA) and UK Finance jointly comment on the government’s Homes for Ukraine scheme set up this week.

“Mortgage lenders are supportive of the government’s Homes for Ukraine Sponsorship scheme, which will enable homeowners across the UK to provide accommodation in their own home to refugees fleeing the war.

“UK Finance and the BSA are working closely with the government as the scheme details are finalised, with the objective of it being implemented as quickly and simply as possible, enabling homeowners to participate easily.

“The immediate guidance for homeowners and landlords with a mortgage, who already have or wish to express their interest in joining the scheme, is to look at the government website and FAQs.  It will be important for borrowers, once accepted onto the scheme, to let their lender know.”

Kindly shared by The Building Societies Association (BSA) and UK Finance

Main photo courtesy of Pixabay