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Contract award record

Support for Mortgage Interest Information Provider

Tender value £5,455,858

Notice details

Published
Category
services
Buyer region
Yorkshire and The Humber

Public buyer and contract winner

awarded to

Contract winner

Serco Ltd

Award value£5,200,000

  1. Awarded
    Completed
  2. Start
    Completed
  3. End
    Completed

Work description

In the Summer Budget 2015, the Chancellor announced that from 5th April 2018 Support for Mortgage Interest (SMI) will be changed from a benefit component to a loan secured by a registered charge on claimants' properties. This means that from 5th April 2018 SMI will no longer be payable as part of an individual's benefit entitlement. Instead SMI applicants will have to repay the SMI they receive, with interest, when the property is sold or ownership transferred.

This contract is for an outbound telephony service to provide an Informed Discussion to Support for Mortgage Interest claimants in Great Britain and Northern Ireland.

Related awards

Source: Contracts Finder · Notice 0236ade8-4f41-4979-b71c-212d183553ef-307165

View source notice