Question to the Department for Work and Pensions:
To ask the Secretary of State for Work and Pensions, how much Support for Mortgage Interest has been paid in each of the last five years; and what the maximum individual payment is in any single year.
Support for Mortgage Interest (SMI) expenditure and caseload estimates are provided in DWP Benefit expenditure and caseload tables. The table below shows the estimated expenditure on SMI in the last 5 years:
2013/14 | 2014/15 | 2015/16 | 2016/17 | 2017/18 |
£287m | £256m | £240m | £209m | £205m |
The maximum individual payment of SMI over the course of a year is currently £6,240. Within the last 5 years it has been £7,260 (2014/15) in a year.