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Support for Mortgage Interest (SMI)

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Support for Mortgage Interest (SMI) Empty Support for Mortgage Interest (SMI)

Post by Admin Thu Jan 10, 2019 4:27 pm

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/
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Post by oneman Thu Jan 10, 2019 8:30 pm

"John Domokos" <john.domokos@theguardian.com>
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