Am i entitled to help with my mortgage payments while receiving income support?
Mortgage interest If you have a mortgage or loan taken out to buy your home, Income Support will help you with the interest payments. The Income Support scheme will not help with repayments of capital or with the premiums or any endowment or pension policy that is associated with the loan. [Legislation (77)] Income Support can only help with the interest on: loans for ‘acquiring an interest in a home’ or loans for financing repairs or improvements that are necessary to maintain the fitness of your home for human habitation or loans taken out to repay loans that were used for either of the above There is a limit of £100,000 on the amount of capital that Income Support can help with the interest on. This means that if the outstanding capital on your loan, or loans, is more than £100,000 then only the interest on £100,000 can be met through Income Support help with the mortgage interest payments. When will I get the first payment? People over 60 are entitled to help immediately, but there
