By Emma Grimshaw,Steven Smith & Joseph Wilkes & James Rodger The Department for Work and Pensions (DWP) is rolling out a new loan scheme that won’t require repayment for years, in a bid to offer financial relief to claimants. These budgeting advances and loans are aimed at helping with unexpected expenses, such as replacing vital home appliances. From December 2024, those taking out a new Budgeting Advance loan will have their repayment period doubled from the usual 12 months to 24 months, which means claimants will face lower monthly repayments. The loans, capped at £812, come without any int…