Support for Mortgage Interest Discussion Area

dodgyphil

I've also found an "anomaly" with SMI, on all sites Jobcentre plus, DWP and even here there is NO MENTION OF ONE IMPORTANT EXCLUSION... I was laid off last year, and after 12 weeks found another, safe, full time position with no possibility of redundancy, 12 weeks later the firm's insolvent and I'm out of the door again on 19th January. I've waited 12 weeks before applying for SMI (under the new rules) and was pleased to find it was backdated to January, HOWEVER the following day I receive another letter reneging on that claim, for the following reason:- persons who on 4th Jan are employed but subsequently start a linked claim (rejoining the dole queue within 12 weeks) will be paid SMI, under the old rules, i.e 39 weeks waiting period and up to £100,000 only! Now I've got off my backside and done what I'm supposed to do, find another PERMANENT job, only to be made redundant 12 weeks later, something completely beyond my control, and as a result I am discriminated against and penalised for doing so, whereas if I'd sat on my bum and done nothing I would have been eligible for the new rules, only 1 week after commencing this job...HOW CAN THIS BE A FAIR SYSTEM, AIMED AT STOPPING PEOPLE FROM FACING REPOSSESSIONS,WHENTHIS GAP HIDES WITHIN THE WORDING, AND IS NOT MENTIONED IN ANY OFFICIAL WEBSITES?????????????

Sprintblue

They are running a two tier system, it is as simple as that. This is why I have hi-lighted some of the gotchas. The system can be very cruel to the people who need help

stanley38

anyone know when they pay smi, at 13 weeks or 17 weeks in arrears?

Sprintblue

If you fill in the forms correctly and the lender sends them off etc etc .. the payments to your lender are 4 weeks in arrears.

daniellesims

Hi

Ive been reading some of your replies and it seems you know what your talking about, id be grateful if you could possible help me with ther following, ive been receiving SMI help at the lower 100k, ive been reading the goverment legislation for hte new rules that apply to SMI etc, and it says that after 2 years there is nothing to stop someone from starting there claim again,

My question is if I sign off, is it possible to re sign on starting a new claim and waiting the 13weeks but then benefiting from SMI help at the 200k its just my mortgage is 189,00 i waited 39 weeks and have a repossession order, as I have built up so much arrears im finding it impossible to clear this and pay the difference of interest on the 89k.

thank you

dmg24

daniellesims question answered on new thread.

Calories_2

Hi everyone,

I'm actually asking this question for a friend of mine who is in terrible turmoil at the moment.
She has separtated from her husband and has started seeking access to benefits. She has been told that she's able to claim SMI, but then was told she might not after all, due to her mortgage being in joint names with her husband. He might be required to pay instead?
Does anyone know how this would work? Will the husband need to come off the mortgage in order for her to claim SMI?

Thank you in advance for any help given.

dmg24

Assuming that he is no longer living in the property, she will be eligible for SMI on half of the mortgage. He would be expected to cover the other half.

If her only income is from benefits, she is unlikely to be able to get his name taken off the mortgage.

Calories_2

Thank you for that prompt reply!

No, her husband is no longer living in the property. Hopefully he'll go along with paying half the mortgage, as the alternative is they sell up. That's the last thing she wants. Anyway...

Thank you!

mumofjusttwo

Just to mention that if the husband is not living at home then she may be entitled to the total SMI being paid, depending on if any of the mortgage is not based on the house i.e. paying of credit card/ extensions etc.