Support for Mortgage Interest (SMI)
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Support for Mortgage Interest (SMI)
The Department for Work and Pensions (DWP) has said that it’s refusing to change its position on a controversial policy. Once again, it’s in relation to Universal Credit.
The DWP: cutting again
Support for Mortgage Interest (SMI) used to be a welfare entitlement. It covered the interest payments on people’s mortgages, up to £200,000, when they were unable to work. Former chancellor George Osborne announced in 2015 that it was going to be stopped. The DWP ended the benefit on 6 April 2018.
https://www.thecanary.co/uk/analysis/2019/01/09/the-dwp-wont-budge-an-inch-on-a-notorious-policy/
The DWP: cutting again
Support for Mortgage Interest (SMI) used to be a welfare entitlement. It covered the interest payments on people’s mortgages, up to £200,000, when they were unable to work. Former chancellor George Osborne announced in 2015 that it was going to be stopped. The DWP ended the benefit on 6 April 2018.
https://www.thecanary.co/uk/analysis/2019/01/09/the-dwp-wont-budge-an-inch-on-a-notorious-policy/
Re: Support for Mortgage Interest (SMI)
"John Domokos" <john.domokos@theguardian.com>
oneman- Posts : 867
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Join date : 2017-04-16
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