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Ash
Ash, Solicitor
Category: Property Law
Satisfied Customers: 10916
Experience:  Solicitor with 5+ years experience
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If your savings are £16,000 or more you lose entitlement to

Resolved Question:

If your savings are £16,000 or more you lose entitlement to housing benefit. What lower levels of savings cause reduction of HB and by how much?
Are savings in the name of a dependent child included in the relevant savings?
Submitted: 2 years ago.
Category: Property Law
Expert:  Ash replied 2 years ago.
Hello my name is ***** ***** I will help you with this.
You are entitled up to £16,000 before ANY reduction is made. So if you have £15,500 you are still entitled to full benefit.
Can I clarify anything for you about this today please?
Alex
Customer: replied 2 years ago.

Thanks Alex,

The second part was "Are savings in the name of a dependent child included in the relevant savings?"

Expert:  Ash replied 2 years ago.
They are excluded.
Alex
Ash and other Property Law Specialists are ready to help you
Expert:  Ash replied 2 years ago.
Hi
I am just following up to see if there is anything else I can help with?
If this answers your question might I ask you to rate my answer before you go today please, the button should be at the bottom of the screen.
If you need more help please click reply.
Alex