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1143138

	registered interest
	date	02/09/2019
	answering body	Department for Work and Pensions
	answering dept id	29
	answering dept short name	Work and Pensions
	answering dept sort name	Work and Pensions
	hansard heading	Support for Mortgage Interest
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Work and Pensions, how many Support for Mortgage Interest Loans have been repaid since April 2018.
	tabling member constituency	Birkenhead
	tabling member printed	Frank Field
	uin	284563
	answer	answer is ministerial correction date of answer 09/09/2019 answer text <p>Since 1 April 2018 there have been 647 Support for Mortgage Interest Loans repaid in Great Britain and 36 have been repaid in Northern Ireland.</p> answering member constituency Colchester answering member printed Will Quince question first answered 09/09/2019 11:08:14 answering member 4423 label Biography information for Will Quince
	tabling member	478 label Biography information for Lord Field of Birkenhead

1143137

	registered interest
	date	02/09/2019
	answering body	Department for Work and Pensions
	answering dept id	29
	answering dept short name	Work and Pensions
	answering dept sort name	Work and Pensions
	hansard heading	Support for Mortgage Interest
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Work and Pensions, how many Support for Mortgage Interest loans are attached to current universal Credit claims.
	tabling member constituency	Birkenhead
	tabling member printed	Frank Field
	uin	284578
	answer	answer is ministerial correction date of answer 06/09/2019 answer text <p>Some homeowners in receipt of Universal Credit, along with other qualifying benefits, may be able to get help towards interest payments on their mortgage or loans taken out for certain repairs and improvements to their home. This help is called Support for Mortgage Interest (SMI). Assistance is paid as a loan normally paid direct to the lender, which needs to be repaid with interest when a home is sold or ownership is transferred.</p><p> </p><p>There were 450 households on Universal Credit on 13th June 2019 that were in receipt of SMI loan payments.</p><p> </p><p><strong>Note:</strong></p><ol><li>Figures have been rounded to the nearest 10.</li></ol> answering member constituency Colchester answering member printed Will Quince question first answered 06/09/2019 13:28:48 answering member 4423 label Biography information for Will Quince
	tabling member	478 label Biography information for Lord Field of Birkenhead

1640654

	registered interest
	date	25/05/2023
	answering body	Department for Work and Pensions
	answering dept id	29
	answering dept short name	Work and Pensions
	answering dept sort name	Work and Pensions
	hansard heading	Support for Mortgage Interest
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask His Majesty's Government what assessment they have made of the adequacy of Support for Mortgage Interest in the light of rising interest rates.
	tabling member printed	Lord Field of Birkenhead
	uin	HL8131
	answer	answer is ministerial correction date of answer 07/06/2023 answer text <p>The rate of SMI we pay is based on the Bank of England average published rate and recently increased from 2.09% to 2.65% in May 2023. Any further changes will occur when the average differs by 0.5 percentage points or more from the rate in payment.</p><p>SMI is intended to provide reasonable support by making a contribution towards mortgage interest to protect claimants against the threat of repossession.</p><p>To support low-income mortgage borrowers with rising interest rates, from April 2023, we extended the support SMI provides by allowing those on Universal Credit to apply for a loan after three months, instead of nine. We also abolished the earnings rule to allow claimants to continue receiving support while in work and on Universal Credit.</p><p>For those who need additional support the Government is providing an additional £1 billion of funding, including Barnett impact, to enable a further extension to the Household Support Fund in England over the 2023/24 financial year. In England, this scheme will be backed by £842 million, running from 1 April 2023 to 31 March 2024, which local authorities will use to help households with the cost of essentials. It will be for the devolved administrations to decide how to allocate their additional Barnett funding.</p> answering member printed Viscount Younger of Leckie question first answered 07/06/2023 12:52:43 answering member 4169 label Biography information for Viscount Younger of Leckie
	tabling member	478 label Biography information for Lord Field of Birkenhead

855545

	registered interest
	date	05/03/2018
	answering body	Department for Work and Pensions
	answering dept id	29
	answering dept short name	Work and Pensions
	answering dept sort name	Work and Pensions
	hansard heading	Support for Mortgage Interest
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Work and Pensions, what estimate she has made as to the savings that will be accrued to the public purse as a result of the replacement of support for mortgage Interest with a loans-based system from April 2018.
	tabling member constituency	Birkenhead
	tabling member printed	Frank Field
	uin	130852
	answer	answer is ministerial correction date of answer 09/03/2018 answer text <p>The introduction of Support for Mortgage Interest loans is about increasing fairness and sustainability. It will save £160 million per year in welfare spending whilst continuing to support homeowners to avoid the threat of repossession.</p> answering member constituency North West Hampshire answering member printed Kit Malthouse question first answered 09/03/2018 09:18:59 answering member 4495 label Biography information for Kit Malthouse
	tabling member	478 label Biography information for Lord Field of Birkenhead

862031

	registered interest
	date	14/03/2018
	answering body	Department for Work and Pensions
	answering dept id	29
	answering dept short name	Work and Pensions
	answering dept sort name	Work and Pensions
	hansard heading	Support for Mortgage Interest
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Work and Pensions, pursuant to the Answer of 23 February 2018 to Question 128589, if her Department will collect data on the number of recipients of Support for Mortgage Interest at geographies smaller than Government Office Region.
	tabling member constituency	Birkenhead
	tabling member printed	Frank Field
	uin	132450
	answer	answer is ministerial correction date of answer 22/03/2018 answer text <p>The data needed to make robust estimates of the number of recipients of Support for Mortgage Interest (SMI) at geographies smaller than Government Office Region is not available to Departmental analysts. We have no plans to collect such data.</p> answering member constituency North West Hampshire answering member printed Kit Malthouse question first answered 22/03/2018 15:20:09 answering member 4495 label Biography information for Kit Malthouse
	tabling member	478 label Biography information for Lord Field of Birkenhead

862032

	registered interest
	date	14/03/2018
	answering body	Department for Work and Pensions
	answering dept id	29
	answering dept short name	Work and Pensions
	answering dept sort name	Work and Pensions
	hansard heading	Support for Mortgage Interest
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Work and Pensions, what assessment she has made of the effect on household income of the replacement of Support for Mortgage Interest with a new loans-based system from April 2018.
	tabling member constituency	Birkenhead
	tabling member printed	Frank Field
	uin	132451
	answer	answer is ministerial correction date of answer 19/03/2018 answer text <p>Support for mortgage interest provides protection for home owners from the threat of repossession. The new loan scheme will provide exactly the same level of support and, thus, exactly the same level of protection against repossession. Claimants and mortgage lenders will not see any difference in the payments they receive.</p><p>Recovery of SMI loans will not be sought until the property is sold or transferred. If the amount of equity available after the sale of the property is less than the amount due to be recovered the balance will be written off.</p> answering member constituency North West Hampshire answering member printed Kit Malthouse question first answered 19/03/2018 15:02:21 answering member 4495 label Biography information for Kit Malthouse
	tabling member	478 label Biography information for Lord Field of Birkenhead

882277

	registered interest
	date	13/04/2018
	answering body	Department for Work and Pensions
	answering dept id	29
	answering dept short name	Work and Pensions
	answering dept sort name	Work and Pensions
	hansard heading	Support for Mortgage Interest
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Work and Pensions, how many and what proportion of households affected by the replacement of Support for Mortgage Interest with a new loan were still to be informed of that change by Serco as of 31 March 2018.
	tabling member constituency	Birkenhead
	tabling member printed	Frank Field
	uin	135406
	answer	answer is ministerial correction date of answer 18/04/2018 answer text <p>By 31st March everyone receiving Support for Mortgage Interest had been sent a letter informing them of the change to the new loan system.</p> answering member constituency North West Hampshire answering member printed Kit Malthouse question first answered 18/04/2018 16:28:57 answering member 4495 label Biography information for Kit Malthouse
	tabling member	478 label Biography information for Lord Field of Birkenhead

882587

	registered interest
	date	13/04/2018
	answering body	Department for Work and Pensions
	answering dept id	29
	answering dept short name	Work and Pensions
	answering dept sort name	Work and Pensions
	hansard heading	Support for Mortgage Interest
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Work and Pensions, for how long households will receive Support for Mortgage Interest as a benefit, if they have not been contacted by the Department about its change in policy by 5 April 2018.
	tabling member constituency	Birkenhead
	tabling member printed	Frank Field
	uin	135649
	answer	answer is ministerial correction date of answer 19/04/2018 answer text <p>All claimants were contacted about Support for Mortgage Interest loans before 5 April. After this initial contact an information discussion is held following which the offer of an SMI loan will be made. The claimant can continue to receive SMI as a benefit for up to 10 weeks following the date the loan offer is made to give them time to decide whether to accept the offer and for the loan payments to be put in place. Where an existing claimant lacks mental capacity to make decisions about entering into the loan agreement, the regulations enable SMI benefit to continue until an appropriate person is appointed to act on the claimant’s behalf.</p> answering member constituency North West Hampshire answering member printed Kit Malthouse question first answered 19/04/2018 15:17:21 answering member 4495 label Biography information for Kit Malthouse
	tabling member	478 label Biography information for Lord Field of Birkenhead

788649

	registered interest
	date	13/11/2017
	answering body	Department for Work and Pensions
	answering dept id	29
	answering dept short name	Work and Pensions
	answering dept sort name	Work and Pensions
	hansard heading	Support for Mortgage Interest
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Work and Pensions, what estimate his Department has made of the number of claimants who will be affected by the Government's change of policy of switching support for mortgage interest to loan payments from April 2018.
	tabling member constituency	Birkenhead
	tabling member printed	Frank Field
	uin	112519
	answer	answer is ministerial correction date of answer 16/11/2017 answer text <p>I refer the Hon. Member to the answer I gave on 13 September 2017 to Question 9506 (<a href="http://www.parliament.uk/business/publications/written-questions-answers-statements/written-question/Commons/2017-09-07/9506/" target="_blank">http://www.parliament.uk/business/publications/written-questions-answers-statements/written-question/Commons/2017-09-07/9506/</a>).</p> answering member constituency Gosport answering member printed Caroline Dinenage question first answered 16/11/2017 16:41:37 answering member 4008 label Biography information for Dame Caroline Dinenage
	tabling member	478 label Biography information for Lord Field of Birkenhead

788650

	registered interest
	date	13/11/2017
	answering body	Department for Work and Pensions
	answering dept id	29
	answering dept short name	Work and Pensions
	answering dept sort name	Work and Pensions
	hansard heading	Support for Mortgage Interest
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Work and Pensions, whether he has conducted a distributional impact analysis of the Government's change of policy of switching support for mortgage interest to loan payments from April 2018.
	tabling member constituency	Birkenhead
	tabling member printed	Frank Field
	uin	112520
	answer	answer is ministerial correction date of answer 16/11/2017 answer text <p>The Department has not undertaken a distributional analysis of impacts. All existing claimants will be offered a support for mortgage interest loan paid at the same rate that is currently available as part of their benefit entitlement. The new loans-based support for mortgage interest will only affect claimants’ financial situation on the sale or transfer of the property, when the loan will be recovered from any available equity.</p><p> </p><p>The Impact Assessment and Explanatory Memorandum published alongside the Loans for Mortgage Interest Regulations in July 2017 provide information on the affected groups (<a href="https://www.legislation.gov.uk/uksi/2017/725/impacts" target="_blank">https://www.legislation.gov.uk/uksi/2017/725/impacts</a>).</p> answering member constituency Gosport answering member printed Caroline Dinenage question first answered 16/11/2017 16:45:12 answering member 4008 label Biography information for Dame Caroline Dinenage
	tabling member	478 label Biography information for Lord Field of Birkenhead