by Gareth Morgan on June 21, 2023
Those with long memories may remember the days when the means-tested benefits system offered real help to those with mortgages. Payments to lenders contributed, sometimes generously, to the liability of borrowers for interest payments. There has never been any help towards capital repayments within the benefit system. Things changed in 2018. Mortgage interest help, as […]
by Gareth Morgan on February 16, 2020
(Charts and tables amended 18/2/2020 to correct misalignment and 23/2/20 to simplify UC Calculation) The House of Lords Economic Affairs Committee has launched an enquiry into the economics of Universal Credit. It’s calling for written contributions to be submitted by February 29th. Whatever your views on the House of Lords as a second chamber, its […]
by Gareth Morgan on January 2, 2019
Coming up to the New Year, there have been a flurry of comments about how Universal Credit works for people who pay their rent weekly. Most of this concern has come from social landlords who will have 53 rent days in their next rent year. The National Housing Federation [NHF], in a technical note (53-week […]
by Gareth Morgan on August 20, 2015
I wrote some time ago, over 3 ½ years in fact, about the consultation and call for evidence that had been published by the government announcing their policy intentions for support for mortgage interest in means tested benefits – http://blog.cix.co.uk/gmorgan/2012/01/06/mortgage-interest-support-consultation/. The Summer Budget 2015 has now produced the date of introduction of the proposal – […]
by Gareth Morgan on September 11, 2014
It now seems that Scotland will get control of at least some of, what are now, national benefits. In particular it seems that Housing Benefit will be devolved to Edinburgh. According to the BBC, on the morning of the result, the Tories and Labour have agreed on this while the Libdems have not. The move […]