URGENT Changes to Morgage Interest Support [merged]

[Deleted User]

getting_brighter wrote: »

have just been reading some past comments on this thread regarding people being able to pay their mortgages off on government money as they would have benefitted from the 6.08% that was being paid,

i just want to make an important point here that if anyone has been overpaid an amount due to the 6.08% being paid was more than the interest rate they owed their lender, then their mortgage company will be keeping this £xxx separate, and although at present it is being kept in the claimant mortgage account as a credit THE DWP ARE ENTITLED TO TAKE BACK AT ANY TIME THIS EXTRA THAT HAS BEEN PAID,

i have money that is at present is a credit against my mortgage, but the dwp could take it back at any time which would put me in large arrears,

this is what i have been informed by my mortgage company,

so i doubt anyone in the long term is going to be paying any of their mortgage capital off on government money,

this is inaccurate,the 6.08% in most cases allowed people to make smaller payments therefore now "spare"credit was created,the dwp cant give money in one year then decide they want it back later

[Deleted User]

TOBRUK wrote: »

Still haven't received a letter from the DWP regarding cut in interest payments. I have been contacting my lender each month to check when and how much they have been paying every 4 weeks.

I contacted them again this afternoon and the shortfall is £63.27 and looks to have settled to that figure since November. I am now receiving £24.57 a week interest payment, with a shortfall of £15.81 a week.

I think I shall have to contact the DWP to inform them that I have not yet received a letter from them as it should have arrived by now and may be lost! The trouble is whenever you call them it takes so long to get through to the correct department, and always a queue!

funnily enough i actually got written confirmation between xmas and new year when the dwp wrote to confim new benefit rates from april it stated the mortgage payment as they had told me over the phone some weeks before

rene2b

woodbine wrote: »

No they have to be claiming means tested benefits to get esa,the best thing they can do is contact their lender see what temp.help they can offer.

thank woodbine but what does means tested mean?and esa
sorry but never claim benefits

rene2b

what if they claim income-support?

[Deleted User]

http://mobile.shelter.org.uk/get_advice/paying_for_a_home/support_for_mortgage_interest

dazzammm

through my facebook page (https://www.facebook.com/smicut) not everyone received notification of the cut from the DWP. due to a system problem people on income support didnt receive the letter.

Thats 70,000 people who werent aware of the cut until their lender called them. (one guy was called on xams eve and told he owed hundreds of pounds!). This was also featured on Radio 4 last week

dmg24

dazzammm wrote: »

through my facebook page (www.facebook.com/smicut) not everyone received notification of the cut from the DWP. due to a system problem people on income support didnt receive the letter.

Thats 70,000 people who werent aware of the cut until their lender called them. (one guy was called on xams eve and told he owed hundreds of pounds!). This was also featured on Radio 4 last week

Many people on IS did receive the letter.

Bubby

I have sent you a pm Woodbine