The government has been called on to delay a new “second
mortgage” scheme, which replaces a benefit for homeowners on low incomes, after
just one in 20 affected households have signed up for it. From April, the
government is axing “support for mortgage interest” (SMI) which helps
financially constrained homeowners with their mortgage. It will be replaced
with a controversial system where the government offers to loan people the
money, which will be repaid later with interest. However, new figures have
shown that just 6,850 households have signed up for the scheme out of the
124,000 currently receiving the SMI benefit, prompting calls for the changeover
to be delayed. Read more on the Guardian website.
Six suspects arrested in £300m fraud probe at UK social housing fund
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Serious Fraud Office mounts seven raids on sites linked to company that
raised £850m to tackle homelessness
The Serious Fraud Office has arrested six peo...
1 day ago
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