The Building Societies Association (BSA) has published a new report which explores alternative solutions that could help keep people in their homes if they fall into mortgage difficulties.

John Howard, a broadcaster and former chairman of the Financial Services Consumer Panel, is the author of Long Term Safety Nets to Protect Mortgage Borrowers, which takes a critical look at the often bewildering array of solutions to helping borrowers who struggle to meet their mortgage payments.

Paul Broadhead, head of Mortgage Policy, BSA, said: “We believe that now is the time to carry out a holistic review of the safety nets available to protect borrowers in difficulties