MORTGAGE SUPPORT: RULE CHANGE MEANS THOUSANDS MORE NOW QUALIFY FOR HELP – WHICH?

Government extends mortgage support for an extra 200,000 benefit claimants.

Increased mortgage support has been introduced for 200,000 extra benefit claimants following what’s been called a ‘common sense’ move by the government.

The Department for Work and Pensions (DWP) has reformed its Support for Mortgage Interest (SMI) loan scheme in the wake of heightened financial struggles for homeowners.

Under the changes – which were brought into play last week – more Universal Credit claimants are now eligible for help with their mortgage payments.

Here, we detail what the government’s mortgage aid package is, who can qualify and what other methods of support are on hand for those at risk of falling into arrears.

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