Support for Mortgage Interest (SMI)

1. Overview

If you’re a homeowner getting certain income-related benefits you might be able to get help towards interest payments on:

  • your mortgage
  • loans you’ve taken out for certain repairs and improvements to your home

This help is paid as part of your benefit and is called Support for Mortgage Interest (SMI).

SMI as a benefit is ending on 5 April 2018, and will be replaced by a loan. If you get SMI as a benefit, you’ll get a letter by February 2018 telling you about the loan and other options available to you.

SMI is normally paid direct to your lender. You can’t get help towards the amount you borrowed - only the interest.

There’s no guarantee that you’ll get SMI for a loan you take out.