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The government has issued new regulations making changes (in force from 6 April 2018) so that Mortgage interest will no longer be paid as a benefit but instead as a loan.

 

For existing claimants-'Regulation 19 contains transitional provisions for the situation where an existing claimant is entitled to a qualifying benefit, including an amount for owner-occupier payments, on 5th April 2018. In this case, the amendments made by Schedule 5 are treated as if they were not in force for a temporary period, enabling support with owner-occupier payments to continue to be paid as part of a claimant’s qualifying benefit during this time. '

 

A helpful explanatory memo is available here.

 

Book now for our updated Benefits Updater 2017 course.

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