Government Support For Mortgage Interest Scheme

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Support for Mortgage Interest (SMI) - GOV.UK

    https://www.gov.uk/support-for-mortgage-interest
    This help is called Support for Mortgage Interest (SMI). It’s paid as a loan, which you’ll need to repay with interest when you sell or transfer ownership of your home. You usually need to be ...

Support for Mortgage Interest (SMI): What you'll get - GOV.UK

    https://www.gov.uk/support-for-mortgage-interest/what-youll-get
    If you qualify for Support for Mortgage Interest (SMI), you’ll get help paying the interest on up to £200,000 of your loan or mortgage. This figure is £100,000 if: you’re getting Pension ...

A Guide to the Current Government Mortgage Schemes in the UK

    https://www.onlinemortgageadvisor.co.uk/mortgage-application/government-schemes/
    Jul 10, 2019 · Government help with mortgage interest. There’s a government mortgage scheme you can turn to for help with your interest payments. Support for Mortgage Interest (SMI) is available to homeowners who are out of work or of state pension age, or are claiming income support - but since April 2018, SMI had its status changed from a type of benefit ...Occupation: Mortgage Advisor

Government schemes for first-time home buyers and existing ...

    https://www.moneyadviceservice.org.uk/en/articles/help-to-buy-homebuy-and-other-housing-schemes
    Equity Loan scheme: available to first-time buyers and existing homeowners who want to buy a ‘new build’ house. The purchase price must be no more than £600,000. Under this scheme, you can borrow 20% of the purchase price interest-free for the first five years as long as you have at least a 5% deposit.

Government help if you can’t pay your mortgage - Money ...

    https://www.moneyadviceservice.org.uk/en/articles/government-help-if-you-cant-pay-your-mortgage
    If you’re struggling to meet your mortgage repayments there’s a range of government schemes that offer help. These include the Mortgage Rescue scheme, Support for Mortgage Interest, and other government benefits that might boost your income. To find out how much you can afford to borrow use our ...

Homeowners mortgage support scheme: Q&A Money The …

    https://www.theguardian.com/money/2009/apr/21/mortgage-support-scheme
    Apr 21, 2009 · The government has launched a homeowners mortgage support scheme (HMS) aimed at helping borrowers facing income cuts avoid repossession. A number …



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