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Written question asked by Jo Swinson (Liberal Democrat) on Wednesday, 14 March 2018, in the House of Commons. It was due for an answer on Monday, 19 March 2018 (named day). It was answered by Kit Malthouse (Conservative) on Monday, 19 March 2018 on behalf of the Department for Work and Pensions.


Mortgages: Government Assistance

Question

To ask the Secretary of State for Work and Pensions, pursuant to the Answer of 2 February 2018 to Question 125704, on Mortgages: Interest Payments, how the application process for the new loan will operate in cases where there is an existing charge on the property.

Answer

Pre-existing charges on property have no impact on the SMI loans process. SMI loans will be offered to all eligible claimants regardless of any pre-existing charges on property.


Secondary information

Type
Written question
Reference
132591
Session
2017-19
Related items
Support for Mortgage Interest
Friday, 2 February 2018
Written questions
House of Commons
Subjects
Government assistance Interest rates Mortgages
Link
View this Written question on www.parliament.uk