Conversion of Support for Mortgage Interest (SMI) from a benefit into a loan

Since the March 2018 release, a technical issue has been corrected on the management information system used to produce the figures. The issue resulted in around 13% of claimants’ records being moved to a new loans system ahead of the introduction of the SMI loan scheme on 6 April and meant they were missing from the earlier figures published in March.

No correction will be made to the figures in March. The figures for March are therefore not comparable with subsequent months.