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date	2017-12-21
answer › answer text	%3Cp%3EInterest will be charged on SMI loans based upon the cost of gilts as published by the Office of Budget Responsibility (OBR). This rate reflects the cost of Government borrowing. The Gilt Rate Forecast for 2018-19 is 1.5%25, as specified in the latest Economic and Fiscal Outlook published on the 22%3Csup%3End%3C/sup%3E November 2017 by the OBR. There will be no variation in the interest rate charged as a result of actuarial risk.%3C/p%3E

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registered interest

date

exactly:

or between:
and

answering body

answering dept id

answering dept short name

answering dept sort name

hansard heading

house id

legislature


pref label

question text

tabling member constituency

tabling member printed

uin

answer

is ministerial correction

date of answer

exactly:

or between:
and

answer text

answering member constituency

answering member printed

question first answered

answering member


label

tabling member


label

810721

registered interest

date

21/12/2017

answering body

Department for Work and Pensions

answering dept id

answering dept short name

Work and Pensions

answering dept sort name

Work and Pensions

hansard heading

Support for Mortgage Interest

house id

legislature

25259

	pref label	House of Commons

question text

To ask the Secretary of State for Work and Pensions, what the average Annual Percentage Rate will be for the loans which will replace Support for Mortgage Interest from April 2018, and whether that rate will vary as a result on the actuarial risk of applicants.

tabling member constituency

Kingston upon Hull North

tabling member printed

Diana Johnson

uin

121066

answer

is ministerial correction

date of answer

08/01/2018

answer text

<p>Interest will be charged on SMI loans based upon the cost of gilts as published by the Office of Budget Responsibility (OBR). This rate reflects the cost of Government borrowing. The Gilt Rate Forecast for 2018-19 is 1.5%, as specified in the latest Economic and Fiscal Outlook published on the 22<sup>nd</sup> November 2017 by the OBR. There will be no variation in the interest rate charged as a result of actuarial risk.</p>

answering member constituency

Gosport

answering member printed

Caroline Dinenage

question first answered

08/01/2018 11:25:46

answering member

4008

	label	Biography information for Dame Caroline Dinenage

tabling member

1533

	label	Biography information for Dame Diana Johnson