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1194709

registered interest
date	11/05/2020
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, if he will make it his policy to (a) remove the nine-month qualification period for support with mortgage interest, (b) extend that support to people on qualifying benefits and (c) provide that support provided as a benefit; and if he will make a statement.
tabling member constituency	Brighton, Pavilion
tabling member printed	Caroline Lucas
uin	45099
answer	answer is ministerial correction date of answer 19/05/2020 answer text <p>Support for mortgage interest (SMI) is not designed to meet all of a home owner’s mortgage commitments. The prime policy objective is to avert the risk of repossession, as far as is reasonable. There are no plans at present to alter any aspects of the scheme.</p><p> </p><p>SMI is not available until the claimant has been in receipt of benefit for nine months. This is because it is considered reasonable that they make their own provision during short periods of sickness or unemployment. This might be through mortgage interest payment protection insurance, savings or by negotiating a re-scheduling plan with their lender. The large majority of claimants go back to work within this timeframe.</p><p> </p><p>SMI already extends to people who are on qualifying benefits, that is, who receive Income Support, income-based Employment and Support Allowance, income-related Jobseekers Allowance, Pensions Credit and Universal Credit.</p><p> </p><p>Since April 2018, SMI has been available as an interest-bearing loan rather than as a cash benefit. Loans are not recoverable until the property is sold and then only up to the amount of available equity after the primary mortgage has been repaid. These arrangements ensure that claimants receive the same level of protection they enjoyed when SMI was a benefit but enables the taxpayer to recoup their investment. Many taxpayers are unable to afford to buy a property of their own and it would be unfair if only the claimant were the beneficiary of the windfall that their support protected.</p> answering member constituency Mid Sussex answering member printed Mims Davies question first answered 19/05/2020 17:01:56 answering member 4513 label Biography information for Mims Davies
tabling member	3930 label Biography information for Caroline Lucas

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

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

1131397

registered interest
date	11/06/2019
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, what support his Department provides for disabled individuals who need to move due to the changing nature of their disabilities but may be prevented from doing so due to the recovery of a Support for Mortgage loan.
tabling member constituency	Stevenage
tabling member printed	Stephen McPartland
uin	263148
answer	answer is ministerial correction date of answer 17/06/2019 answer text <p>Over time someone’s house is likely to increase in value, so it is reasonable to expect those who have received taxpayers’ help towards their mortgage to repay from the equity released when the property is sold. However, the repayment of the loan should not be a barrier to people improving their lives. We have considered this and I am pleased to announce that we will be introducing the option for home-owners to defer repayment of their SMI loan when moving to a new home. This means that claimants who need to move, for example, because of the changing nature of a disability or for better career opportunities, are not prevented from doing so. These new arrangements require changes to regulations which I will bring forward as soon as the Parliamentary timetable allows.</p> answering member constituency Colchester answering member printed Will Quince question first answered 17/06/2019 09:30:14 answering member 4423 label Biography information for Will Quince
tabling member	4093 label Biography information for Stephen McPartland

1128350

registered interest
date	22/05/2019
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, what support her Department provides to people with a support for mortgage interest loan (SMI) who need to move house but are unable to do so due to having an SMI loan secured on their property.
tabling member constituency	Stevenage
tabling member printed	Stephen McPartland
uin	257581
answer	answer is ministerial correction date of answer 05/06/2019 answer text <p>Owner-occupiers possess a valuable capital asset which may increase in value over time. It is reasonable to ask claimants who receive help towards the costs of this asset to repay that when they are able to. Most SMI claimants already have significant equity accrued upon take-up of an SMI loan and those with an SMI loan secured against their property are likely to continue accruing value beyond the repayment of an SMI loan, facilitating a move if necessary.</p> answering member constituency Colchester answering member printed Will Quince question first answered 05/06/2019 16:07:13 answering member 4423 label Biography information for Will Quince
tabling member	4093 label Biography information for Stephen McPartland