If you’re a homeowner getting certain income related benefits you might be able to get help towards certain housing costs. Further information can be found on the Government website here.
Are You Worried About Your Mortgage?
The National Homelessness Advice Service (NHAS) give lots of useful information in their booklet, and contact details of other organisations that can help. NHAS information booklet can be found here (pdf 0 kB).
Money Advice Service
The Money Advice Service (MAS) have some useful links to mortgage calculators which can help you to establish how you may be affected if interest rates rise.
- Mortgage Affordability Calculator used to assess the impact of future base rate rises on consumer’s budgets
- Dedicated interest rates rises area on the Money Advice Service website
Support for mortgage interest – from benefit to loan
Support for Mortgage Interest (SMI) paid as a benefit ended in April 2018.
Owner-occupiers who are entitled to help with paying their mortgages are now offered a loan for mortgage interest instead.
For more information please visit the Support for Mortgage Interest pages on the Government website.