Mortgage interest help:rules changed again

[Deleted User]

INCOME SUPPORT MORTGAGE INTEREST,atm you have to wait 39 weeks for help with the interest on your mortgage and that help is limited to the first 100k,the govt announced a few weeks ago that from April 1st 2009 this would change to 175k and 13 weeks,today they have announced that this change will now take effect from January 1st 2009:j

michellefromessex

That is good news, waiting 39 weeks is diabolical, by that time your home would have more than likely been repossesed. I am glad its been reviewed, although I am in no need at the moment for help, who knows whats around the corner, I have in the past had to claim help with my mortgage for a short time when my ex husband left me and until I got myself back into employment again, this is a bit of relief for me actually, as my partner is self employed and I worry so much about the future, after managing to hold on to my home last time round I would hate to lose it in the future, for the sake of being unable to have some temporary help with interest payments.

seven-day-weekend

Got no mortgage any more (thank goodness) but excellent news for those that find themselves unable to work for one reason or another.

bigbill

Where did you see this change as I am unable to find it anywhere on the internet?

healy

bigbill wrote: »

Where did you see this change as I am unable to find it anywhere on the internet?

It was on the news/in the newspaper the other day, I am surprised it is not on the internet.

bigbill

Still not seen anythng to confirm this is happening from January anyone seen anything to confirm?

mummytofour

Oooooohh fingers crossed!!!!

I don't suppose anybody knows how this would effect me? I am on the old system and my 26 week kick in for full entitlement does not start until Feb. I am currently on 50% of eligible costs.

Many thanks

[Deleted User]

bigbill wrote: »

Still not seen anythng to confirm this is happening from January anyone seen anything to confirm?

it was in the papers last week,doubtless the govt will want to announce the news several times before they actually make it official