Thousands of people on Universal Credit can now get faster help from DWP for mortgage interest payments

dailyrecord.co.uk:

The Department for Work and Pensions (DWP) has announced that the Support for Mortgage Interest loan scheme has been extended to a further 200,000 people claiming Universal Credit in a measure aimed at helping more households with the cost of living.

Claimants will be able to access help towards mortgage interest, certain home improvements or repairs worth up to £200,000.Support will be automatically offered to qualifying claimants after three months on Universal Credit.

Previously, claimants would need to have been unemployed for nine months before they could access a Support for Mortgage Interest loan, which helps them cover interest payments for a mortgage, or a home repairs and improvements loan, while they look for work.Another change to the eligibility rules is that they now do not have to be unemployed to access the support.

They will also be able to reclaim the support if they leave Universal Credit but return within six months.Mims Davies, Minister for Social Mobility, Youth and Progression, said: “The fear of losing your home when you have fallen on difficult times is incredibly stressful and makes getting back on your feet all the more difficult.“This increased support is an important lifeline to help provide stability for those who are seeking to find work and move back towards long-term prosperity.”Support for Mortgage Interest loans can also help people to adapt their home for someone with a disability.