SMI meaning in Country Specific ?

Answer:

What is Support for Mortgage Interest mean?

Support for Mortgage Interest (SMI) is a welfare benefit in the United Kingdom that entitles a person to help with their mortgage costs. The SMI is paid as a loan, which the person will need to repay with interest when he or she dies, sells or transfers ownership of their home. Before this date, SMI is paid as a benefit, which the beneficiary does not have to repay.

It is usually needed to be getting, or treated as getting, a qualifying benefit to get SMI. There’s no guarantee that a person will get SMI for a mortgage or loan he or she takes out. To get SMI a person must be in receipt of one of the following benefits:

Income Supportincome-based Jobseeker's Allowanceincome-related Employment and Support AllowancePension Credit

Those in receipt of Universal Credit may also be entitled to SMI. The waiting time for help increased on 1 April 2016 from 13 weeks to 39 weeks. The cost of the benefit was £205 million in 2017. With SMI ending in April 2018, saving the government about £170 million a year, the Department of Work and Pensions is offering a loan, secured on the recipient's property, a move criticised because it would put properties of people on low incomes at risk; the cessation affects about 124,000 people.

reference

Full Form	Category
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Society of Mucosal Immunology	Academic & Science
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Schott Musik International	Business
Saturday Music, Inc.	Business
Supplier Management Inventory	Business
Snow Machines Inc	Business
Specialty Measurements Inc	Business
Strategic Marketing Innovations	Business
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Systems and Methods Inc	Business
Supplementary Medical Insurance	Business
Swiss Market Index	Business
Springs Industries, Inc.	Business
Specialty Measurements, Incorporated	Business
Storage Management Initiative	Business Management
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Salesian Missions, Inc.	Community
Summer Music Insitute	Community
Social Media Information	Community
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System Management Interrupt	Computer Assembly Language
State Manager Interface	Computing
Structure of Managed Information	Computing
Synchronized Multimedia Integration	Computing
Systems and Materials for Information Storage	Computing
Shared Multidimensional Information	Computing
Sequelink Middleware Interface	Computing
Storage Management Interface	Computing
Special Message Identifier	Computing
State Management Interface	Computing
Standard Multilayer Image	Computing
Site Map Index	Computing
Smart Install	Computing
Server Management Interface	Computing
Social Media Index	Computing
Software Mature Indicator	Computing
Support for Mortgage Interest	Country Specific
SafeMoon Inu	Cryptocurrency
Sailor Moon Insanity	File Type
Some Main Ingredient	General
Stochastic Modeling Interface	General
Stock Market Indicator	General
S Maskable Interrupt	General
Social Media Intelligence	General
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Samsung Motors Inc.	General
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Shape Modeling International	General
Scholastic Math Inventory	General
Sistemi Meccanici Industriali	General
Services Maintenance Interventions	General
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Standard Motor Interface	General
Scientology Missions International	General
Sales Managers Index	General
Standard Media Index	General
Strategic Marketplace Initiative	General
Solid Modest And Integrated	General
Servicio Medico Integral	General
Service Mesh Interface	General
Summer Manufacturing Institute	General
Structured Materials Industries	General
Self Mounting Image	General
System Modeling Interface	General
Seriously Mentally Impaired	Governmental
Severe Mental Illness	Governmental
Singular Medicare Index	Governmental
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Serious Mental Illness	Governmental
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Spring Manufacturers Institute	Governmental
Stefan Meyer Institute	Governmental
Sustainable Minerals Institute	Governmental
Summer Medical Institute	Governmental
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Specialty Marketing International	International
Salario Mínimo Interprofesional	International
Student Missionary Internship	Jobs
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Silent Myocardial Infarction	Medical
Silent Myocardial Ischaemia	Medical
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Sami Languages	Regional
Sports Medicine Institute	Sports
Stud Middle Infield	Sports
Sports Management International	Sports