By Ian Cowie Your Money Last updated: December 7th, 2011 Home buyers who lose their job and need state help with mortgage interest may have to repay this or give up some or all of the proceeds of their property’s sale in future, if new rules being considered by the Government pass into law. As unemployment rises and the house prices fall, is this another attack on the squeezed middle or an overdue reform to cut spending and improve public finances? Lord Freud, the Minister for Welfare Reform, said “The current system of Support for Mortgage Interest (SMI) payments does not … [Read more...]