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star this property registered interest false more like this
star this property date less than 2019-04-02more like thismore than 2019-04-02
star this property answering body
Department for Work and Pensions more like this
star this property answering dept id 29 more like this
unstar this property answering dept short name Work and Pensions more like this
star this property answering dept sort name Work and Pensions more like this
unstar this property hansard heading Support for Mortgage Interest more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Secretary of State for Work and Pensions, if she will make an assessment of the effectiveness of replacing the Support for Mortgage Interest scheme with a loans-based system from April 2018. more like this
star this property tabling member constituency Weaver Vale more like this
star this property tabling member printed
Mike Amesbury remove filter
star this property uin 240106 remove filter
unstar this property answer
answer
star this property is ministerial correction false remove filter
star this property date of answer less than 2019-04-08more like thismore than 2019-04-08
star this property answer text <p>Support for Mortgage Interest is designed to provide protection against the threat of repossession. The new loans system provides exactly the same level of support and provides exactly the same level of protection from repossession as the previous system. We continue to work closely with the lending industry to ensure the scheme delivers its intended aim. The conversion of SMI from a benefit to a loan is estimated to save around £140m in welfare spending.</p><p> </p><p>The Department is using evidence from a number of sources to assess the impact of the conversion to a loan on an on-going basis, including management information on claimant take up and feedback from stakeholder groups, including via our regular liaison with UK Finance, to assess whether there are unintended consequences for particular groups.</p> more like this
star this property answering member constituency Colchester more like this
star this property answering member printed Will Quince more like this
star this property question first answered
less than 2019-04-08T12:59:13.927Zmore like thismore than 2019-04-08T12:59:13.927Z
star this property answering member
4423
star this property label Biography information for Will Quince more like this
star this property tabling member
4667
star this property label Biography information for Mike Amesbury more like this