Research and analysis

Conversion of Support for Mortgage Interest (SMI) from a benefit into a loan

Communications with claimants on the changes to SMI and claimants’ decisions on taking up the loan.

Documents

Tables: Conversion of SMI from a benefit into a loan: claimant communication and loan take up, September 2019

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Details

Support for Mortgage Interest (SMI) stopped being a benefit and became a loan on 6 April 2018.

This publication contains management information on communications with claimants on the changes to SMI and claimants’ decisions on taking up the loan.

Release schedule

The next release of these statistics will be on 8 October 2019.

Since the March 2018 release, a technical issue has been corrected on the management information system used to produce the figures. The issue resulted in around 13% of claimants’ records being moved to a new loans system ahead of the introduction of the SMI loan scheme on 6 April and meant they were missing from the earlier figures published in March.

No correction will be made to the figures in March. The figures for March are therefore not comparable with subsequent months.

Published 29 January 2019
Last updated 10 September 2019 + show all updates
  1. Updated the tables with data up 4 September 2019.
  2. Updated the tables with data up to 7 August 2019.
  3. Updated the tables with data up to 10 July 2019. Announced date of the next release.
  4. Tables updated to include data to 12 June 2019.
  5. Tables updated to include data to 15 May 2019.
  6. Tables updated to include data to 17 April 2019.
  7. Updated release schedule. The next release of these statistics will be on 23 April 2019.
  8. Tables updated to include data to 20 March 2019.
  9. Tables updated to include data to 20 February 2019.
  10. Updated release schedule. The next release of these statistics will be on 26 February 2019.
  11. First published.