IRRV Alert - week ending 1st February 2019

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Conversion of Support for Mortgage Interest (SMI) from a benefit into a loan

 

 

 

 

 

Research and analysis

Conversion of Support for Mortgage Interest (SMI) from a benefit into a loan

Communications with claimants on the changes to SMI and claimants’ decisions on taking up the loan.

Documents

Tables: Conversion of SMI from a benefit into a loan: claimant communication and loan take up, January 2019

ODS, 213KB

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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 are updated monthly.

The next release is 26 February 2019.

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.

Published 29 January 2019
Last updated 31 January 2019 + show all updates

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