Direct payments to qualifying lenders17
1
Where the circumstances specified in paragraph (2) are met, the loan payments must be made by the Secretary of State direct to a claimant’s lender.
2
The circumstances referred to in paragraph (1) are that—
a
money was lent to the claimant in respect of which owner-occupier payments in respect of the relevant accommodation are payable to a qualifying lender; and
b
those owner-occupier payments are taken into account in calculating the amount of each loan payment under regulation 10.
3
Where the circumstances in paragraph (2) are not met, the loan payments must be made to the claimant.
4
Schedule 4 has effect in relation to payments made under paragraph (1).