IRRV Alert - week ending 9th November 2018
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Conversion of Support for Mortgage Interest (SMI) from a benefit into a loan, 2018
Research and analysis
Conversion of Support for Mortgage Interest (SMI) from a benefit into a loan, 2018
Communications with claimants on the changes to SMI and claimants’ decisions on taking up the loan.
Documents
Details
Support for Mortgage Interest (SMI) stopped being a benefit and became a loan on 6 April 2018.
This publication contains management information on communications with claimants on the changes to SMI and claimants’ decisions on taking up the loan.
Release schedule
These statistics will be updated every 4 weeks.
Since the March 2018 release, a technical issue has been corrected on the management information system used to produce the figures. The issue resulted in around 13% of claimants’ records being moved to a new loans system ahead of the introduction of the SMI loan scheme on 6 April and meant they were missing from the earlier figures published in March.
No correction will be made to the figures in March. The figures for March are therefore not comparable with subsequent months.
Last updated 6 November 2018 + show all updates