Owen Smith – 2015 Parliamentary Question to the Department for Work and Pensions

The below Parliamentary question was asked by Owen Smith on 2015-10-13.

To ask the Secretary of State for Work and Pensions, how many pensioners will lose money as a result of changing the Support for Mortgage Interest scheme from a benefit to an interest-bearing loan; and what the average annual loss will be for such pensioners.

Justin Tomlinson

All SMI claimants, including pensioners, will continue to receive the same level of support as now towards their mortgage interest when it becomes a loan. As a result no claimants, including pensioners, will receive less in SMI payments than they would now.