Support for Mortgage Interest
GPTKB entity
Statements (29)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
UK government benefit
|
| gptkbp:administeredBy |
gptkb:Department_for_Work_and_Pensions
|
| gptkbp:changedToLoan |
2018
|
| gptkbp:compatibleWith |
insurance policies
service charges repayment of mortgage principal |
| gptkbp:country |
gptkb:United_Kingdom
|
| gptkbp:covers |
interest on mortgages
|
| gptkbp:eligibility |
gptkb:Pension_Credit
gptkb:Income_Support gptkb:income-related_Employment_and_Support_Allowance gptkb:Universal_Credit income-based Jobseeker’s Allowance people on certain income-related benefits |
| https://www.w3.org/2000/01/rdf-schema#label |
Support for Mortgage Interest
|
| gptkbp:introduced |
1948
|
| gptkbp:mainInterest |
set by government
|
| gptkbp:maximumLoan |
£100,000 (for Pension Credit claimants)
£200,000 (for working age claimants) |
| gptkbp:previouslyType |
benefit
|
| gptkbp:purpose |
help pay interest on mortgages
|
| gptkbp:repaidWhen |
when property is sold or ownership transferred
|
| gptkbp:repaymentMethod |
from sale proceeds or voluntary repayment
|
| gptkbp:type |
gptkb:bank
|
| gptkbp:waitingPeriod |
13 weeks (for other benefits)
39 weeks (for Universal Credit) |
| gptkbp:website |
https://www.gov.uk/support-for-mortgage-interest
|
| gptkbp:bfsParent |
gptkb:Department_for_Work_and_Pensions_(UK)
|
| gptkbp:bfsLayer |
6
|