Financial help

[Mollyeyes]

Hello
If you quit your job, can you get income support from the government? No idea about this.

Also curious to know how others who have lost their job how do they cope with paying mortgage and other essentials.

Thanks

If you don't have a good reason for giving up work then you won't be likely to get help from benefits. And if you get benefits you can forget about paying for mortgages and "essentials" - you will be lucky to put enough food on the table without visiting a food bank, and you can forget about heating in the winter....

Don’t let @Moondust001put the fear of god into you.

The government can help with mortgage payments, you’ll have to get the relevant advice at the moment. But I do know that you can receive a % or the payment (depending on how much) and you have to pay it back with small interest, if you sell the house they’ll automatically receive it as they place an order on the home.

In terms of gas/electric, get in touch with your energy suppliers they offer vouchers for the winter, apply soon as they can take a while depending on the provider but they can be for £100ish - also consider moving to a key system if you’re not already as it allows for better money management as you pay for what you use and don’t receive a bill every month.

It really does depend on your reason for leaving. During current circumstances with covid they’re being helpful than usual to a lot of people so you may not be penalised. Best option is to call and be honest with what you require help with and also your reason for leaving. I also know lots of people who are getting jobs at the moment so don’t allow current circumstances to deter you.

I hope it works out ok for you!

Thank you @BF2748, will do and thank you for your kind and boosting words. I was under a lot of stress and dealing with bad management hence I left.

@BF2748

Don’t let *@Moondust001put* the fear of god into you.

The government can help with mortgage payments, you’ll have to get the relevant advice at the moment. But I do know that you can receive a % or the payment (depending on how much) and you have to pay it back with small interest, if you sell the house they’ll automatically receive it as they place an order on the home.

In terms of gas/electric, get in touch with your energy suppliers they offer vouchers for the winter, apply soon as they can take a while depending on the provider but they can be for £100ish - also consider moving to a key system if you’re not already as it allows for better money management as you pay for what you use and don’t receive a bill every month.

It really does depend on your reason for leaving. During current circumstances with covid they’re being helpful than usual to a lot of people so you may not be penalised. Best option is to call and be honest with what you require help with and also your reason for leaving. I also know lots of people who are getting jobs at the moment so don’t allow current circumstances to deter you.

I hope it works out ok for you!

No one can apply for Support for mortgage interest unless they have been on Universal credit/ Income support for nine months with no earnings. I am not sure if the government will look at reducing the wait time in light of the current situation.

@Mollyeyes

Thank you *@BF2748*, will do and thank you for your kind and boosting words. I was under a lot of stress and dealing with bad management hence I left.

If claiming Universal credit they could sanction you for leaving but they will also look at the reasons and if it was affecting your health then it will probably be ok. It also depends on the ages of any dependent children etc.

Also to answer your original question, you cannot apply for income support as this has now been replaced by Universal credit. If you have a mortgage then there is no specific help for this for nine months. You would get a standard element for yourself depending on your age and element/s for any dependent children. If you did managed to find another job and you have children on your claim then you would be allowed to earn £512 a month without your UC amount being affected at all which is where they do help those with a mortgage. Unfortunately without any earnings, it will not be a lot on UC.

I know this thread is a week old but like a pp said, you can only get support for your mortgage once you've been on UC for 9 months with no other income. Even then, they will only pay your interest up to a certain amount and it needs to be paid back (with interest, I think) once you sell or pass away.

We haven’t got children, don’t know what people do regarding living costs, bills and their mortgage

@Mollyeyes

We haven’t got children, don’t know what people do regarding living costs, bills and their mortgage

Do you have any income protection insurance for your mortgage?

No we don’t

It's very difficult. A single person only gets £400pcm and no help with the mortgage. So you have to take out credit cards and loans to make ends meet. But now it's very hard to even get credit. It's so, so unfair that many people are getting generous furlough payments while others are getting into horrendous debt and going to foodbanks, when they have paid tax and NI to have a safety net in place at a time like this.