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SMI loan questions

2 replies

TheSparklyShark · 12/06/2025 16:43

Hi,

Unfortunately, I'm at risk of redundancy, unexpectedly, just a few months after buying a house.

We get UC so can apply for the Support for Mortgage Interest loan payments now, but we're not sure if it's a good idea, so I'd like to ask a couple of questions:

  • Any ideas how long it takes for mortgage provider to receive the first payment after you apply?
  • I've heard that getting SMI will make it almost impossible to remortgage, any experience of this?

Thanks so much

OP posts:
TheSparklyShark · 12/06/2025 21:35

Thanks, I've read through that, but it doesn't answer my specific questions.

OP posts:
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