To be gutted at losing my benefit

yeah its gutting

YANBU. It's shit. You'll get people on here telling you "if you've got savings you don't need benefits" but then it means people on benefits are never able to better themselves.

I am on the old style working tax credits which didn't take savings into account so I was able to save up and buy a house meaning I no longer need to claim housing benefit which I was getting before. I feel sorry for people on UC who won't get this opportunity.

Have you got enough to put down a deposit for a house?
I think then you are allowed to keep the money?

Is the money enough to buy/part buy a property? Then you will only lose the housing element.

Or there are schemes with housing associations where you can buy a quarter share of a house and pay rent on the rest.

I would look into shared ownership on a flat as a possibility?

@Hoppinggreen I've reported your nasty bitter comment.

What an awful comment to make. If you can’t say anything nice, perhaps scroll on by.

You can splurge on something, or a few things to get under savings cap, that way it won’t all go on living costs.

I get it. If i inherited anything it would all go on living costs then eventually i'd go on top up benefit again.

Op how much over 16k will you be? once you are under 16k you will be entitled again

OP, you haven’t earned that money, it’s a gift. I don’t understand why you think you should be getting state benefits when you’ve got above the savings threshold.
You’ve had UC to top up your earnings, which is precisely what it’s for. Now you will have to use the money off your parent to do the same. That’s fair in my opinion.

Can you use some of it towards a course or business start up? Sorry for your loss.

Spend some of the money on your house, new carpets, beds, decorating, then claim when you hit under 16k.