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SMI LOANS

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5 years 11 months ago #212234 by Jollyflip
SMI LOANS was created by Jollyflip
Hi can anyone update me about the Smi loan process? It supposedly came into force in the beginning of April 18 that the interest paid by DWP toward people's mortgages went over to a loan. I contacted the Mortgage section of the DWP at end of March as I had heard that there was a delay in administering the change to loan from SERCO. Lots of people affected had not been contacted and the take up of the loan was v low. The Dwp adviser told me the scheme was going to be implemented late and that there would be 6 weeks grace (ie mid May). I held off accepting the loan on this basis. I still have had no contact about what the position is now. Does anyone know if the change went ahead in April to loans? Or has it been postponed officially? Thanks

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5 years 11 months ago #212251 by Gordon
Replied by Gordon on topic SMI LOANS
J

Welcome to the forum, you might want to have a look at the following FAQ which explain where everything is

Welcome to Benefits and Work

In case you are not aware, your real name appears to be showing in the forum, if you want to change this then follow the instructions in the following FAQ

My full name is showing, how can I stop it?



I'm afraid this is not a benefit that we support on the forum.

I have not seen or heard any additional information about the change since the beginning of the month, I would contact the DWP again.

Gordon

Nothing on this board constitutes legal advice - always consult a professional about specific problems

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5 years 11 months ago #212271 by Jollyflip
Replied by Jollyflip on topic SMI LOANS
Thanks for your help. I can't seem to find any info on the web.

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