Im due to be let go at the end of the month after working for the same company for 4 and half years. Anyone know what benefits regarding the monthly payment of mortgage interest i would be entitled to and how do you qualify?....living on my own in own home, trying to rent out room at the moment but better chance when colleges start up again!.
really want to minimise risk of missing mortgage repayments as redundancy not going to cover much!.
You may be entitled to Mortgage Interest Supplement - it will depend on your income, savings and rental income (if you rent the room(s)) as well as other criteria.
You'll find more information here and you can apply at the CWO office at your local health centre.