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support for mortgage interest S.M.I.
I have lived in the same one bedroomed property since 2001 with my wife, we are now in receipt of benefit and we are receiving Support For Mortgage Interest. We have been with the same lender Nationwide for over 15 years and they are now advising us that we should sell the property and move into a housing association property. At present the SMI pays the interest and a bit more and we are paying £100 every 4 weeks towards the capital. We have also suggested that in 2025 when both my wife and I receive our state pension we will be in a position to sell the property with the use of an Equity Release Scheme and pay off the mortgage. We thought this was a reasonable plan, we would like advise in regard to the DWP and SMI programme (dwp and uk mortgages lenders no customer will be evicted) we have had verbal confirmation in this regard but we cannot find it in writing can somebody point us in the right direction please