{"id":85298,"date":"2018-04-15T06:35:21","date_gmt":"2018-04-14T23:35:21","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/government-urged-to-postpone-second-mortgage-scheme\/"},"modified":"2018-04-15T08:03:44","modified_gmt":"2018-04-15T01:03:44","slug":"government-urged-to-postpone-second-mortgage-scheme","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/government-urged-to-postpone-second-mortgage-scheme\/","title":{"rendered":"Government urged to postpone \u2018second mortgage\u2019 scheme"},"content":{"rendered":"


\nAnger over effect changes to SMI benefit is having on worried claimantsThe government has been urged to stall controversial benefit changes which came into effect in the new tax year, amid claims they unfairly penalise the most vulnerable in society.On 6 April, a \u201csecond mortgage\u201d system replaced the Support for Mortgage Interest (SMI), which helped financially constrained homeowners with their mortgage payments. From this month, it will no longer be paid as a free benefit but, instead, the government is offering to loan people the money, which will have to be repaid later with interest. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Government urged to postpone \u2018second mortgage\u2019 scheme<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Anger over effect changes to SMI benefit is having on worried claimantsThe government has been...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-85298","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-mbM","jetpack-related-posts":[{"id":74134,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/low-income-households-at-risk-as-mortgage-support-benefit-is-axed\/","url_meta":{"origin":85298,"position":0},"title":"Low-income households at risk as mortgage support benefit is axed","date":"December 9, 2017","format":false,"excerpt":"\r Crucial welfare payment will be turned into a loan from 2018, affecting 124,000 individuals who rely on itThousands of hard-up older people are being given a stark choice: sign up to a \u201csecond mortgage\u201d with the government, or lose some of the financial help you receive.In a little-noticed move,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":78945,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/anger-as-thousands-unaware-they-face-a-second-mortgage\/","url_meta":{"origin":85298,"position":1},"title":"Anger as thousands unaware they face a \u2018second mortgage\u2019","date":"February 5, 2018","format":false,"excerpt":"\r Calls for the delay of a new loan set to replace a state-backed benefit in just 10 weeks\u2019 timeThe government has been called on to delay a new \u201csecond mortgage\u201d scheme, which replaces a benefit for homeowners on low incomes, after just one in 20 affected households have signed\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":80336,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/concern-for-vulnerable-grows-as-those-on-lifeline-benefit-face-second-mortgage\/","url_meta":{"origin":85298,"position":2},"title":"Concern for vulnerable grows as those on lifeline benefit face \u2018second mortgage\u2019","date":"February 19, 2018","format":false,"excerpt":"\r Concern for vulnerable grows as those on lifeline benefit face \u2018second mortgage\u2019Last May, James Martin* decided to give up work and look after his mother full time after she was diagnosed with cancer. A few months later, his father suffered a stroke, leaving the 49-year-old as the main carer\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123499,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/fca-urges-lenders-to-support-uks-47000-mortgage-prisoners\/","url_meta":{"origin":85298,"position":3},"title":"FCA urges lenders to support UK\u2019s 47,000 \u2018mortgage prisoners\u2019","date":"November 30, 2021","format":false,"excerpt":"\r Regulator asks banks and building societies to offer support to borrowers unable to switchBanks and building societies have been urged to consider changes to lending criteria to help an estimated 47,000 borrowers who could benefit from a cheaper home loan but are currently unable to move.A review of \u201cmortgage\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":125827,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/looking-for-a-mortgage-its-time-to-get-a-move-on\/","url_meta":{"origin":85298,"position":4},"title":"Looking for a mortgage? It\u2019s time to get a move on","date":"April 16, 2022","format":false,"excerpt":"\r As inflation takes its toll, interest rates are rising and the best offers are drying upHomebuyers and those looking to remortgage were this week being urged to act fast if they want to lock in a competitive home loan deal.Many banks and building societies have been pulling their mortgage\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":133607,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-payers-face-squeeze-in-2023-after-uk-interest-rate-rises\/","url_meta":{"origin":85298,"position":5},"title":"Mortgage payers face squeeze in 2023 after UK interest rate rises","date":"January 8, 2023","format":false,"excerpt":"\r Wealthy people who own home outright will avoid higher costs and benefit from better return on savingsHomeowners with mortgages will be among the biggest losers from the cost of living crisis in 2023 due to interest rate rises, while the wealthiest UK households will benefit from better returns on\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/85298"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=85298"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/85298\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=85298"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=85298"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=85298"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}