Benefits - What am I entitled to? Is this correct?

toontron

raven83 wrote: »

Don't feed the troll!!!!

:rotfl: You have to admit it is funny though, I mean, what exactly is council tax benefit - its probably about £20 a week?:rotfl:

Mara69

fogartyblue. wrote: »

But then you would have to see the peverse other side of the coin.

If they had simply spent everything that was coming in on all manner of luxury living and only had £9000 left in the bank with no assets other that say a £2m home (instead of spreading it about with 4 or more properties), fully paid for, they would receive state help.

Who then has been the mug!

The person that lives in a £2m home and has no money is obviously the mug. What sort of idiot spends a fortune just in case they need to claim benefits? What sort of fool thinks that they could maintain a £2m house on JSA???

HappyMJ

Mara69 wrote: »

The person that lives in a £2m home and has no money is obviously the mug. What sort of idiot spends a fortune just in case they need to claim benefits? What sort of fool thinks that they could maintain a £2m house on JSA???

Me...I think I could maintain a £2m house on JSA. As long as benefits pay the interest on the small 10% mortgage I had then I'd be fine. How much more expensive is it to maintain a £2m house over a more average £400,000 house on which the interest on the 50% mortgage would be paid?

As my mortgage is flexible I can withdraw the interest payments that the DWP makes to maintain the property but then I'd delay any redecoration works until I found a job.

Mara69

HappyMJ wrote: »

Me...I think I could maintain a £2m house on JSA. As long as benefits pay the interest on the small 10% mortgage I had then I'd be fine. How much more expensive is it to maintain a £2m house over a more average £400,000 house on which the interest on the 50% mortgage would be paid?

As my mortgage is flexible I can withdraw the interest payments that the DWP makes to maintain the property but then I'd delay any redecoration works until I found a job.

Nonsense, you live in such a house, earning a small fortune and you live up to that lifestyle. You run an expensive house (heating, water, council tax, buildings insurance, contents insurance...) and have expensive cars, tastes in food and the like. No way would you manage on £60 odd a week.

sparkle84

Bivio wrote: »

Long time user, but new ID for this post.

History: Was made redundant from a role that paid me in excess of £50K pa and am now on JSA.

Current position: Married with Children (currently at school). During the good times we were smart enough to save a bit of money. With my leaving package we now have, between cash and shares, ~ £120K. We own four properties; our home, a holiday home that we use and do not let out, two other houses which are let out. My Wife is self employed and before expences her business brings in ~ £12Kpa. All our let properties, holiday home, savings and shares are in her name as she was the lower rate tax payer. Our childrens savings are also in her name. Our holiday home is owned outright, whereas the our home and other two properties have mortgages on them.

Current Income: Wife self employment £12K pa, House Rent £11K pa, interest from savings. I have JSA and also have a claim going through for mortgage protection (privately held insurance policy)

Just ran all our details through the benefits checker and the only additional benefit we would receive to what we get now (Child Benefit) would be Childrens tax Credit.

I was expecting help with our Council Tax at least!!

Does that sound correct?

One avenue I could go down to to use our savings to as much of our mortgage off as possible, but it doesn't look as if that would increase the amount of benefits we could claim due to property owned.

What I dont understand is how you did this on a salary of 50k :rotfl:which is nothing, maybe I am being unfair and you are in the North of the country but you wouldnt get a mortgage for a studio flat down South let alone feed and care for two children and buy 4 properties and save two years salary etc etc etc

thorsoak

fogartyblue. wrote: »

But then you would have to see the peverse other side of the coin.

If they had simply spent everything that was coming in on all manner of luxury living and only had £9000 left in the bank with no assets other that say a £2m home (instead of spreading it about with 4 or more properties), fully paid for, they would receive state help.

Who then has been the mug!

And you think we should be applauding that:cool:? No wonder we're in the state we're in if that is what "right-minded people" keen on ensuring that everyone gets a slurp in the trough are thinking!

HappyMJ

Mara69 wrote: »

Nonsense, you live in such a house, earning a small fortune and you live up to that lifestyle. You run an expensive house (heating, water, council tax, buildings insurance, contents insurance...) and have expensive cars, tastes in food and the like. No way would you manage on £60 odd a week.

£60 a week? JSA alone is £111.45 a week for a couple then add all the other benefits such as child tax credits and it's more than enough. Anyway, the credit card can be used for a while...take a bit of equity out of the flexible mortgage...it's all pre-approved credit none of which counts for means tested benefits. If I had a £2m house I could manage very well on means tested benefits.....I don't see why living in an expensive house requires someone to have an expensive car or tastes in food. My car is the cheapest on my street...I do not care. I certainly don't live up to the supposed lifestyle of the other families in my street at all. Why should I spend more money than necessary on a car when my 16 year old car works just fine? I've always been a moneysaver and have always preferred living in a larger house in a nice area and saving in other ways. Do you expect me to live in a council estate whilst claiming JSA with my old banger out the front on the street? No...I live in a modern estate with all privately owned houses all with integrated garages where everyone owns cars less than 7 years old except mine and the bus service has been removed due to nobody using it as everyone has cars....and I am self employed and live on JSA level income of about £80 a week after housing costs and council tax.

Sledgehead

I love these kind of posts. I love to see how it winds people up in the way I've been wound up for years. And let's just be clear: I'm past bitter, it's much more than that.

I'll wager plenty of the indignants here haven't even considered child benefit and state education, which, given this guy has "kids at school" must at least amount to another £20k pa I'm expected to pay for. Sate education costs the taxpayer £9k per child pa. Having been privately educated with no kids to boot, I recognise this as one of those things I'm simply on the hook for.

I can't help thinking a great idea for a saturday night TV prog (yep I stay in, after all I have ~10m kids to pay for!) would be along the lines of "Would I lie to you?", except it would be called "Am I entitled to?" where Rob Brydon could host a quiz where Mack & Mitchell would take turns pretending to be able to claim under what are apparently impossible circumstances; their counterpart would then have to guess whether the claim is 'possible' or 'impossible'. Half the nation would watch out of sheer indignation, the other half would sharpen their pencils and take notes. It would trounce X-Factor 100% guaranteed.

Oh, and by the way, the nation is bankrupt and when the bond markets finally get this, havoc will ensue. Have a nice day! :rotfl:

dseventy

Sledgehead wrote: »

I can't help thinking a great idea for a saturday night TV prog (yep I stay in, after all I have ~10m kids to pay for!) would be along the lines of "Would I lie to you?", except it would be called "Am I entitled to?" where Rob Brydon could host a quiz where Mack & Mitchell would take turns pretending to be able to claim under what are apparently impossible circumstances; their counterpart would then have to guess whether the claim is 'possible' or 'impossible'. Half the nation would watch out of sheer indignation, the other half would sharpen their pencils and take notes. It would trounce X-Factor 100% guaranteed.

Yeah, sounds like a right laugh, cant wait for that.

(Do you need to see the doc?)

D70

Sledgehead

dseventy wrote: »

Yeah, sounds like a right laugh, cant wait for that.

(Do you need to see the doc?)

D70

What's wrong? Lost your sense of humour?

Anyways, you'll excuse while I go watch Eastenders. There's a brilliant story line aimed at convincing us that Bianca's brood are close to starvation. Anyone mind calculating the benefits her character would be on? She doesn't appear to be spending them on her wardrobe so heaven's knows why the kids have nothing to eat. Still, that's the beeb for you. Yep, I don't hold out much hope for my quiz show idea ever being screened on that channel...