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single mother - no mortgage - homeowner - any help?

(25 Posts)
hilbil21 Thu 21-Jan-16 18:19:42

I'm not sure if this is the right place to put it really but if I was a single mother with a 10 month old but living in my own property which has no mortgage on it, would I get any benefit help?

enderwoman Thu 21-Jan-16 18:22:24

Do you have an income?

Arfarfanarf Thu 21-Jan-16 18:23:35

Visit entitledto.com
they have a calculator.

I think it depends on your income and savings. Not sure what the rules are about assets.

Fourormore Thu 21-Jan-16 18:24:31

Yes I believe you would. The entitledto calculator is very good.

hilbil21 Thu 21-Jan-16 18:28:16

No income at the moment. Rely on partner. Was just wondering if we were to split would I be able to even live! House is £160k in value, I have no savings. House is also solely mine

enderwoman Thu 21-Jan-16 18:31:32

You'd get child benefit and child tax credits assuming no savings.

hilbil21 Thu 21-Jan-16 18:33:49

Ok doke. I just wondered would they class the property as an asset I could sell and downsize to have some money if that makes sense?

donajimena Thu 21-Jan-16 18:35:53

Income support. CTC and child benefit.
IIRC it would be around 130 for IS and CTC per week.

donajimena Thu 21-Jan-16 18:36:29

I don't think they would.

hilbil21 Thu 21-Jan-16 18:37:42

Thanks all smile

HumptyDumptyHadaHardTime Thu 21-Jan-16 18:37:53

Do you live with your DP?

diagramsoftrees Thu 21-Jan-16 18:38:27

If you live in it, yes. If you own property in addition to the one you live in, no.

tangerinesarenottheonlyfruit Thu 21-Jan-16 18:39:42

I own my own home but we are skint. We get Working Tax Credits and
Child Tax Credits. Owning my own home makes no difference to this (although I wouldn't put it past the current government to change this).

hilbil21 Thu 21-Jan-16 18:42:32

I currently live with DP. But the thought has crossed my mind what would happen if we split up. My mum passed away in November and we have moved into her house which she left to me. Because I have never been in this position before I was just curious as to whether I would actually be worse off than I would be if I needed council to provide me a flat etc

HumptyDumptyHadaHardTime Thu 21-Jan-16 18:44:12

If your DP lives with you, his money will be taken into account.

Sorry for youe loss flowers

Akire Thu 21-Jan-16 18:44:14

If it's big enough to downsize you may struggle to pay running costs heating etc if it's larger than you need.

Your council tax will also be larger. Many councils don't offer full council tax support now so you could well be paying 5-15% of it per month out of your basic £130 a week. Just to give you idea

hilbil21 Thu 21-Jan-16 18:46:24

Humpty Dumpty query is on the basis DP didn't live here and it was just me and DS. The council tax here is £190 a month and the gas and electricity is not cheap either. To be honest if anything did happen I think I would sell and buy a flat grin

Akire Thu 21-Jan-16 18:52:11

That's catch 22 mind if you did down size and get say £50k profit this would then be taken into account for benefits until you had used it for living expenses. Think it around £6k of savings allowed for some mean tested benefits. After that it's deducted on scale. That's not to say you shouldn't use it to support yourself but that it may not last as long as you think if you no longer qualify for tax credits or income support etc.

hilbil21 Thu 21-Jan-16 19:04:43

Yeah I suppose! I think it's the only circumstance I would rather not own the house!

Fourormore Thu 21-Jan-16 19:10:30

Also bear in mind that benefit entitlement changes when child turns 5, and I think that's dropping to 3.

donajimena Thu 21-Jan-16 19:22:06

Bear in mind you will probably get council tax benefit. If you were in a private rent and I believe (but not sure) council tenants have to top up their rent so you are actually in quite a good position.
In my brief stint on income support I had to top up my rent by 150pcm. I am better off working.

donajimena Thu 21-Jan-16 19:23:39

If anything were to happen you would probably be better off trying to stay put and plan a return to work as soon as feasible.

Artandco Thu 21-Jan-16 19:26:47

Would you not be better off working at least part time with child in childcare?

caroldecker Thu 21-Jan-16 19:29:20

If you are married, the house is not solely yours in a divorce scenario.

SofiaAmes Thu 21-Jan-16 19:35:32

I have made ends meet in situations like you describe by renting rooms out. I've been doing it on and off for 25 years with two children in the household and have throughly enjoyed the experience. There have been a few problematic ones, but for the most part I have had extra income and made life long friends and the kids have enjoyed interacting with all sorts of interesting people (from famous tv/pop stars to a French Linguist PhD student specializing in action verbs in the maori language). Because I have always lived in urban areas, I have been able to maintain the quality of lodger and curtailed the infringement on my household by only renting to short term lodgers (in town for business/school).

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