A final agreement between the government and Priory Hall residents is expected to be announced later today.
It comes at the end of a three-week period of discussions between the government, the residents and their mortgage lenders.
It's anticipated that the agreement will allow a degree of debt write-off for those who have mortgages for the complex.
However it's not yet clear what offers might be accepted for the holders of buy-to-let mortgages, or for residents who paid cash for their property.