Support for mortgage interest (SMI) extended AGAIN

The_White_Horse

StevieJ wrote: »

So what would that be a tent in a field, or maybe the workhouse, maybe a holding centre. I am interested where should people who lose their job live?

not in a 5 bedroom detached house, paid for by the taxpayer.

FTBFun

The_White_Horse wrote: »

not in a 5 bedroom detached house, paid for by the taxpayer.

If they've got a 5 bedroom house, I expect they've paid more tax and NI than the SMI support will ever be.

Orpheo

julieq wrote: »

Fortunately the STR bears won't qualify for either on the basis they'll be sitting on a great big pile of cash if they lose their jobs, so thank heavens for prudence eh?

Thank heavens. I can't tell you how secure it makes me feel to know that I wouldn't be a burden on the state for a good few years if I were to lose my income. Furthermore I'm mobile, wouldn't take me long to find a job.

julieq

FTBFun wrote: »

If they've got a 5 bedroom house, I expect they've paid more tax and NI than the SMI support will ever be.

The stamp duty on it's own would be a fair chunk.

I think it's terrible that people are paying stamp duty to support enraged and sociopathic internauts who sold to rent. I think we should make them pay extra to use the NHS.

Orpheo

StevieJ wrote: »

You yourself provided evidence that 3.63% was the average, I will assume you know what average means.

Your point? You used the word many, without quantifying it.

This isn't the average mortgage rate of people claiming SMI. That figure we do not know.

julieq

I think the point was that on average capital isn't being repaid.

julieq

oooo, nice late edit there Orfeo.

Orpheo

julieq wrote: »

oooo, nice late edit there Orfeo.

Edited for clarity. What's your problem?

Actually, dont.

julieq

AND another.

We can surmise that the average rate of someone receiving SMI is similar to the population average.

We can probably speculate that in fact the rate being paid by this group is higher on the basis that they will tend to be older, which group remortgages less for various reasons (disinclination to change and smaller mortgages so less of a priority). But this would be speculation.

It's unlikely to be less than the average anyway.

julieq

Orpheo wrote: »

Edited for clarity. What's your problem?

Actually, dont.

Because you changed what you said completely. You started with a dismissive "so what" reply, then realised you were wrong and changed it, then realised you were still wrong and qualified your change. And you're still wrong, which is quite an achievement after all that editing.

What do you think to the idea that people who pay NI should receive the benefits they've paid for by the way?

And how much tax do you pay? Because if it's less than me I want you to be surcharged for using the NHS.