|
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>
|
|