Mortgage Interest Relief

Hello All,

I understand that housing benefit in terms of mortgage interest relief terminates after two years.

Can someone tell me if/when it is re-instated?

Cheers

http://england.shelter.org.uk/get_advice/debt_and_arrears/mortgage_arrears/support_for_mortgage_interest#0

Looking at this it looks like it depends when it was first claimed.

andy

Thanks for responding. The site specifies when you can start claiming but there is no suggestion as when its re-instated after the period ends??

If your claim for benefits/JSA has been continuous .. 2 years is the maximum that you will get.

cgksheff

Thanks for responding, however I've had replies informing me that after the two year period I could re-apply but I would have to wait another 13 weeks....

I'm happy to be corrected, but I believe that you can only get SMI for 104 weeks total within one claim or "linked claims".

For claims not to be "linked" should require a break of 52 weeks away from JSA .. and then you need another 13 week waiting period.

I'm happy to be corrected, but I believe that you can only get SMI for 104 weeks total within one claim or "linked claims".

 

For claims not to be "linked" should require a break of 52 weeks away from JSA .. and then you need another 13 week waiting period.

This is correct. Not only is a 52 week break necessary, the break is from any benefits claim e.g. job seekers allowance.

This was brought in by the Labour Party before the recession. It was brought in because house prices were going up and some people with mortgages were abusing the system. For example a high amount of equity could be raised. As ever, a small amount of people were abusing the system and everybody else is affected.

I've raised this with the current government on why people who have worked hard and paid their mortgage for years, who lose their job and can't get another job, or can't get another that covers the mortgage will lose their home eventually. All housing benefit stops 100% after 104 weeks.

The same person who rents their home will not lose their home because housing benefit is not time restricted.

These two sets of people are not treated the same therefore in my mind the government is discriminating against the mortgage holder.