Support for Mortgage Interest: Coronavirus
(asked on 16th November 2020) - View Source
Question to the Department for Work and Pensions:
To ask the Secretary of State for Work and Pensions, if she will make it her Department's policy to reverse the changes made to Support for Mortgage Interest due to the covid-19 outbreak.
This question was answered on 19th November 2020
The Department has no plans to change the Support for Mortgage Interest scheme from a loan.
The support provided is at the same rate as when SMI was paid as a benefit and therefore the scheme offers the same level of protection against repossession.
Reversing the changes would not provide any additional assistance to home owners during the current pandemic.