{
  "url": "https://openlegislation.uk/social-security-housing-costs-amendments-regulations-2004/note",
  "json_url": "https://openlegislation.uk/social-security-housing-costs-amendments-regulations-2004/note.json",
  "legislation": "uksi/2004/2825",
  "legislation_title": "The Social Security (Housing Costs Amendments) Regulations 2004",
  "legislation_url": "https://openlegislation.uk/social-security-housing-costs-amendments-regulations-2004",
  "path": "note",
  "kind": "note",
  "number": null,
  "heading": "Explanatory note",
  "text": "(This note is not part of the Regulations)\nThese Regulations amend the provisions of the Income Support (General) Regulations 1987 (S.I. 1987/1967), the Jobseeker’s Allowance Regulations 1996 (S.I. 1996/207) and the State Pension Credit Regulations 2002 (S.I. 2002/1792) allowing a claimant’s housing costs to be met. They also make small consequential amendments to the Social Security (Claims and Payments) Regulations 1987 (S.I. 1987/1968).\nRegulation 2(4) substitutes the same new provisions for paragraph 12 of Schedule 3 to the Income Support (General) Regulations 1987, paragraph 11 of Schedule 2 to the Jobseeker’s Allowance Regulations 1996 and paragraph 9 of Schedule II to the State Pension Credit Regulations 2002. These paragraphs set the standard rate which is used to calculate the amount of interest on a loan that will be met under those Regulations. The new sub-paragraphs (2) and (3) set the standard rate by reference to the Bank of England base rate from a date to be determined by the Secretary of State. The new sub-paragraph (4) applies to specified cases and sets the standard rate by reference to the actual rate of interest on a loan. By virtue of the new sub-paragraph (5), these specified cases will move onto the standard rate determined in accordance with the new sub-paragraph (2) during the year after these Regulations come into force. The new sub-paragraph (6) sets the standard rate for a transitional period.\nRegulation 2(5) amends Schedule 3 to the Income Support (General) Regulations 1987 and Schedule 2 to the Jobseeker’s Allowance Regulations 1996. It amends the circumstances in which a claimant can remortgage and the standard rate will still be set by reference to the actual rate of interest on their loan.\nRegulation 3 makes consequential amendments to the Social Security (Claims and Payments) Regulations 1987. Amendment (a) comes into force a year after the other provisions in these Regulations by which time the wording omitted will be redundant.\nA full regulatory impact assessment has not been produced for this instrument as it has no impact on the costs of business.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2004/2825/note",
    "retrieved_at": "2026-10-29T05:16:09.005167+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}