I am a single parent with one child, i could not cope without tax credits as my rent, council tax and childcare costs are more than my montly wage so i rely on the tc to cover the bills and food.
I do work in national goverment on the lowest rung in a call centre and have been looking through the releases we get and i am horrified to find out that you cannot claim UC if you have more than £16k in savings. Between £16k and £6k in savings does mean a reduction in UC. This is not the case in tc
A house in my area ranges from £150 to 200k so a 10% deposit is £15k minimum.
Basically as soon as i save any amount of money that looks like a reasonable deposit i have to use savings to pay childcare because my UC would reduce.
So aibu to hope that the goverment does do a uturn on UC roll out which may mean that i never have to go on UC and be subject to these silly savings rules
Please or to access all these features
Please
or
to access all these features
AIBU?
Universal credit and saving for a house deposit
231 replies
Musereader · 24/10/2017 15:28
OP posts:
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