United Kingdom · Question · Written question
UIN 163851
Support for Mortgage Interest
Introduced
13 March 2023
Last action
21 March 2023 · Answer
Status
Answered
Sponsors
—
Subjects
Discovery layer
Source updated
21 March 2023
Summary
To ask the Secretary of State for Work and Pensions, whether it is his policy to increase the level of payments through the Support for Mortgage Interest scheme in line with increases in the Bank of England base rate.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
13 March 2023
Written question
To ask the Secretary of State for Work and Pensions, whether it is his policy to increase the level of payments through the Support for Mortgage Interest scheme in line with increases in the Bank of England base rate.
Source: Commons
21 March 2023
Answer
It is not SMI policy to increase the level of SMI payments in line with increases in the Bank of England’s base rate. The standard interest rate we pay is set at a level based on the Bank of England's published monthly average mortgage interest rate. We h...
Source: Written answer
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- · Department for Work and Pensions · Answering body
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Sources
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- Official source: https://questions-statements.parliament.uk/written-questions/detail/2023-03-13/163851
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1603644
- uk · wq-1603644 · source updated 21 March 2023