Mortgages: Interest Payments

Department for Work and Pensions written question – answered on 22nd February 2018.

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Photo of Mike Amesbury Mike Amesbury Labour, Weaver Vale

To ask the Secretary of State for Work and Pensions, what steps her Department is taking to ensure that people and organisations which offer advice on changes to the Support for Mortgage Interest scheme are appropriately qualified and regulated.

Photo of Kit Malthouse Kit Malthouse The Parliamentary Under-Secretary of State for Work and Pensions

All current recipients of Support for Mortgage Interest will be contacted and given information about the changes. They will not be given financial advice but will be informed that such advice is available should they require it. Organisations offering financial advice are regulated by the Financial Conduct Authority.

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