Research and analysis

Support for Mortgage Interest: attitudes towards taking the support as a loan

This report examines attitudes towards the changes to Support for Mortgage Interest (SMI) from a benefit to a state-backed loan.

From:
Department for Work and Pensions
Published
1 August 2017

Documents

Public attitudes towards taking up Support for Mortgage Interest as a loan

Ref: ISBN 978 1 911003 65 6, RR941

PDF, 2.03 MB, 80 pages

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Summary: Public attitudes towards taking up Support for Mortgage Interest as a loan

PDF, 330 KB, 5 pages

This file may not be suitable for users of assistive technology.

Request an accessible format.
If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email accessible.formats@dwp.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Details

Following the Chancellor of the Exchequer’s announcement in the Summer Budget 2015 that SMI will be converted from a benefit to a state-backed loan, this research was commissioned to:

  • assess the proportion of the public potentially eligible for SMI
  • investigate awareness of SMI
  • gauge reactions to the proposed changes to its administration

The findings will help to understand likely take up of SMI as a loan and help ensure that advice for SMI loans can be tailored.

This research provides strong support for the change to SMI as a loan.

Authors: Stephen Finlay, Jane Stevens and Luke Daxon (Ipsos MORI).

Support for Mortgage Interest: mortgage borrowing and claiming in retirement has been published alongside this report to stimulate discussion with key stakeholders to deliver SMI loans.

Published 1 August 2017

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