Cuts in the help provided to homeowners struggling with their mortgage payments come into place later this week. Local charity Housing Rights is concerned this could put homes at risk and is urging anyone who may be affected to get in touch.
Support for Mortgage Interest (SMI) is a means-tested benefit for those in receipt of certain income related benefits who are unable to pay their mortgage. From 18 June 2017, the interest rate used to calculate how much help homeowners get falls from 3.12% to 2.61%.