Universal Credit loves renters. It has a special cuddle section called the Housing Element. That bit is for people who pay rent. If you own a house with a mortgage, you don’t get that cuddle. Nope. You get a cold shoulder from the Housing Element.
But wait! Don’t slam your laptop shut yet. There’s a secret backdoor for homeowners. It’s called Support for Mortgage Interest, or SMI. That’s a loan, not a grant. Yes, a loan. You have to pay it back later. Quirky, right?
