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Change to Mortgage help by DWP

2 replies

ijustwantfiveminutespeace · 17/01/2018 17:06

Was just wanting to see what others thoughts on this matter is.
The government is going to stop paying the interest towards unemployed people's mortgages from the 1st April.
The plan there after is they would provide the money as a loan to be paid back if and when you sell your house and there is enough equity to pay them back. Otherwise it would be written off.
Is this happening to you? How do you feel about it and what are your plans going forward?

OP posts:
LaurieFairyCake · 17/01/2018 17:13

I can't actually see any problem with this. I'd much rather have a secure government loan than lose my house or go through the hell of mortgage interest benefit interviewing.

RandomMess · 17/01/2018 17:14

Absolutely fine with it, you still get a home to live in without moving.

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