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Universal Credit 16k+ savings transistional protection?
Comments
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you could definately get a 2 bed house with a garden here for that amount, possibly even a 3 bed.
my PA and her boyfriend have just bought a 3 bed detatched with a garage for £108k
Blimey, you can barely get a shed for that amount around here......:eek:
London prices really are insane.
Lin
You can tell a lot about a woman by her hands..........for instance, if they are placed around your throat, she's probably slightly upset.
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Right - so instead of saving they should get a few payday loans, buy widescreen tellys, get the max Sky packages etc so they are up to their eyes in debt, then they'll be "struggling" and so eligible for transitional protection.
Whereas if they live frugally and manage to save, the state should reap the benefits of their savings.
They do already. If you have a private pension and claim a means tested benefit, it is deducted from what you will receive from the state. Likewise even for contributory ESA, they will reduce that payment if you have a private pension that pays more than £85 a week.
Then we have the OAP's like my deceased father. He saved every penny of his state pension for 23 years!! That would put him out of the equation for any means tested help. Better to spend it as it comes in, then you would get more in the form of Guaranteed Pension Credit!!0 -
Right - so instead of saving they should get a few payday loans, buy widescreen tellys, get the max Sky packages etc so they are up to their eyes in debt, then they'll be "struggling" and so eligible for transitional protection.
Whereas if they live frugally and manage to save, the state should reap the benefits of their savings.
No. But why does someone with £16k+ of savings need benefits? They've got enough to live off.Sealed pot challenge #232. Gold stars from Sue-UU - :staradmin :staradmin £75.29 banked
50p saver #40 £20 banked
Virtual sealed pot #178 £80.250 -
Blimey, you can barely get a shed for that amount around here......:eek:
London prices really are insane.
Lin
I don't know anywhere in the South East, apart from the likes of Chatham, Gravesend, Dartford where you could even by a studio flat for that amount of money.
3 bed detached round here go from £250K to £350K depending on location and condition.0 -
No. But why does someone with £16k+ of savings need benefits? They've got enough to live off.
Thank goodness for that comment. I really thought people were having a go at just me telling me that I should cancel all of my benefits then spend an inheritance, only going back onto benefits after it has all gone.0 -
I think I can solve the housing crisis, well most of it.
Anybody that has to rely on rented property should move to the North of England, Derbyshire, Lancashire, Yorkshire etc. Property up there is oh sooooo much cheaper, hence saving on HB payments.
Secondly, for those that work but are on a lowish income who want to buy but can't afford the prices should also move up to the same place.
This will leave the South East and London free for those that can afford to buy or pay rent out of earned income.
According to the poster above, a 3 bed detached property with a garage in Derbyshire sells for about £108K. I can't guess what a 1 bed flat would cost or rent out for!0 -
There are few jobs up North, so what would be the point?
I don't see why Southeners should be forced to move North anyway - bring back Fair Rents Officers to stop the extortionate private rentals, build more affordable housing, and disperse some immigrants out of the South, as they have no ties to it anyway.
Lin
You can tell a lot about a woman by her hands..........for instance, if they are placed around your throat, she's probably slightly upset.0 -
No. But why does someone with £16k+ of savings need benefits? They've got enough to live off.
Because they will then have a lower income than an unemployed family - and thus no incentive to work. But the purpose of Universal Credit is to make work pay!
So, we set unemployment benefits at the level need to survive and then taper away Universal Credit ever so carefully to make sure that work pays more than unemployment - and the more you work and the more you earn the more your net pay is. But, what do you do with that extra income from working? Fritter it away seems to be your answer because you aren't allowed to save it!0 -
Universal Credit is a mess, getting worse by the week.
It's rollout is increasingly uncertain, and the guy bought in to rescue it, went on sick leave at Xmas and hasn't been back.
It'll be years before it ever gets going, and I believe they also found anomalies that meant certain people in work would get less income than anyone unemployed.
Talking of which:
The cost of delivering Iain Duncan Smith’s troubled Universal Credit scheme is £225,000 for each person on it, it was claimed today.
The project has already cost the taxpayer £612million and has been dogged by delays and IT blunders.
Mr Duncan Smith, the Work and Pensions Secretary, had promised one million people would be receiving their welfare payments under the scheme by April this year.
But figures show only 2,720 claimants have been transferred onto the Universal Credit so far - a cost of £225,000 per person.
The universal credit bundles together the six main benefits - jobseeker’s allowance, income support, employment and support allowance, working tax credit, child tax credit and housing benefit - into a single payment.
In September 2103, Mr Duncan Smith told Parliament it would be delivered “on time and within budget”.
But the roll-out has been delayed three times and is now only available under a small number of pilot schemes.
The Department of Work and Pensions has had to write off £130million in IT costs and it emerged this week that the executive brought in to rescue the project, Howard Shiplee, has been off sick for a month.
Shadow Welfare minister Chris Bryant MP said: “Iain Duncan Smith’s flagship policy has been plagued with delay after delay from the outset and millions of pounds have been wasted.
“We were once told Universal Credit would be on time and on budget and that a million people would be on the system by April this year, but this has come to nothing. It is staggering that the Government has spent £225,000 per person on this project.
“With poor initial decisions by Ministers and endless indecision from Downing Street putting the whole scheme in jeopardy, it is increasingly difficult to have any confidence in the Government’s handling of welfare.”
http://www.mirror.co.uk/news/uk-news/iain-duncan-smiths-universal-credit-3115946
Lin You can tell a lot about a woman by her hands..........for instance, if they are placed around your throat, she's probably slightly upset.0 -
It's got a long way to go to get anywhere near as bad as previous govt IT failures, such as the NHS project which was launched in 2002 and abandoned at a cost of almost £10 billion :eek::eek::eek: http://www.bbc.co.uk/news/uk-politics-24130684The project has already cost the taxpayer £612million and has been dogged by delays and IT blunders.
Makes the UC fiasco look like a drop in the ocean!
Not to mention all the problems with tax credits - we were supposed to be able to deal with tax credits online instead of having to phone through changes, wonder when that's going to happen? It's over 10 years late already!0
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