UC salary threshold is £2500 pmc

[Reallyxx]

On a separate thread, I was asked to google this. So, I have.

Quite many people earn £2000-£2500 pcm that they should be able to live on. So why are there UC benefits for that group?

So more than half of the population is on UC?? I am aware gov has driven wages down over the years, but it seems the net result is of 'more' people being on benefits.

Anyway, why not just 'not tax' these groups? As it seems like people pay 'some tax from their income that is £2500 net' whilst being entitled to 'benefits'.

depending on the post tho, a nurse has scope for weekends and nights and bank shifts

In that scenario, what is the allowable 'mortgage' or 'mortgage interest', or is this just available to renters?

Why would a mortgage payment be available to people who haven’t got a mortgage?🙄

Mortgage isn't allowable as an expense. SMI loans can be applied for.

You can't read? My Q was, are mortgage holders not eligible? Jeez

You can read. Thank you. And thank you for the explanation.

No it wasn’t. I even quoted what you said.

No it wasnt. Jeez.

You forgot disabled people on benefits bashing OP, that’s an all time favourite.

The whole system is screwed and it’s meant to be that way. They do love the hoi polloi scrapping and having a scapegoat at the bottom of the pile.

The scapegoat has two functions - it gives those above a sense of superiority and a group of people to vent their spleen at.

It’s worked well for decades.

Also ensures people focus on the poor, rather than looking up at those would should be on the receiving end of their outrage…

You are not wrong.

Precisely.

People with a mortgage and 0 earned income on UC can apply to have their mortgage interest paid. It is a loan from UC and needs to be repaid with interest.

Rent should also be paid back 'with interest'.

Why?

why 'punish' those with mortgages with a 'loan' and with paying it back with interest.

one thing this country is an expert in, is discrimination. would get a gold medal at olympics.

discrimination

Don’t be ridiculous. Having SMI as a loan is not discrimination.

Because it’s not a “punishment”. If you lend someone money to purchase an asset it’s entirely normal to charge interest on the loan. It’s standard financial practice.

I think it's worth mentioning that SMI is capped at £200,000 (£100000 if in receipt of certain other benefits) and the interest rate used is 3.16%. So the most a claimant can borrow is £526.66 per month. Anything above that is not payable.

If the mortgage outstanding is less than £200,000, you'll only qualify for that amount, at the 3.16% rate. So if you have £80,000 outstanding on a rate of 7.32% you'll only be receiving about half the amount of debt you are accruing.

is it to purchase?! oh, I thought a person already had the mortgage and suddenly needed 'housing element benefit'.

you seem to know everything about all benefits. work for dwp?

thanks.

What do you think a mortgage is for? It’s a loan to buy a house.

Compared with you I know a lot about most things.

well, with that insult, I guess you are hiding something about 'benefits'. easy to work out what it could be!

a person already had the mortgage and suddenly needed 'housing element benefit'.

No-one gets the housing element if they own their house, mortgage or not.

You don’t need to work for DWP to understand benefits. After all, all the information is freely available via google.

What a very strange comment. What do you think I’m “hiding”?