A new government mortgage advisory service, which is to be funded by the banks, is expected to begin work by the end of the summer. The Citizens Information Board will have the overall co-ordinating role of the new advice service .
MABS ( Money Advice and Budgetary Service ) will not have a role in the new mortgage advice service – even though they have years of experience in providing support for people in debts.
It is going to be confusing for people with mortgage problems – MABS is well known as the place to go if you have debt problems.
At the moment people in debt are advised by th egovernamnt and the banks to go to MABS
The MABS helpline is 0761 07 2000 and is open from 9am to 8pm, Monday to Friday. MABS also operates a nationwide network of centres, staffed by specialist money advisers, as well as an email service email@example.com.
You can also contact your local Citizens Information Centre for face-to face information and advice, phone the Citizens Information Phone Service on 0761 07 4000, Monday to Friday, 9am to 9pm,