My Mum and Dad rent a two up two down terraced house from a private landlord.
As there are only 2 of them the HB office deem the property to be too big for their needs because of the extra bedroom.
As they have a very small private pension as well as state pensions (one of which is not full pension) they are deemed to have "excess income" and so HB deduct 65% of that excess income off their housing benefit.
Meaning that my parents pay a fair whack towards the rent (not quite half)
Question is - if they could find the holy grail that is a 1 bed property and moved to it would they be better off financially re the HB as they would then have the "correct" sized property. Or would their excess (laughable amount) income still scupper them?
Thanks for reading this far