UC & Equity

[Prettyrose123]

Hi,
I have been claiming universal credit as a single parent for over a year. I left an abusive relationship and I am currently renting with my 3 year old. I work full time so I have deductions & the amount I get paid is the 85% of my daughters childcare costs.
My ex has now sold our house and I am due to receive £69k from the sale. My intentions are to put this straight down as a deposit on a house for me & my daughter. Will universal credit stop my payments towards my daughters childcare if this is put straight back into another property or will I be expected to save the money from the equity for childcare fees now & use what is left for my house purchase? I’m so confused how this works and don’t want to get into any trouble. Thanks

If you put it straight down on a house itll be fine you need to inform them though and you cant touch even a single penny of the 69k as itll cancel out the uc.

Thank you for your reply. So if I wanted to take 2k from this to clear my loan and this would go out of my account as one transaction to them so you would see on my statement I wouldn’t be able to do this? The full 69 would need to go down?

You will need to let UC know when you receive the money. I was in a similar situation and had a call with a decision maker who agreed the funds from my house sale would be disregarded for 6 months whilst I found a property to purchase.