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what will I get please

Can anyone please tell me what I will be entitled to?.
I ave 2 amazing children and just today have been laid off my work after 1.5 years employment with them.
The difficulty is I own 2 properties, one of which I live in and the other rent out so Im not with approx 20k equity. Im not sure what I would be entitled to if anything as I understand it I newly unemployed are put on universal credit?
Thank you for your help at this worrying time.

Comments

  • Torry_Quine
    Torry_Quine Posts: 18,894 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    If you have sufficient NI contributions then you will be entitled to JSA contribution based
    Lost my soulmate so life is empty.

    I can bear pain myself, he said softly, but I couldna bear yours. That would take more strength than I have -
    Diana Gabaldon, Outlander
  • scousedave
    scousedave Posts: 229 Forumite
    id there anything else as I have 2 children?
  • TELLIT01
    TELLIT01 Posts: 18,614 Forumite
    Part of the Furniture 10,000 Posts Name Dropper PPI Party Pooper
    You might have entitlement to Income Support if you are a lone parent and one of the children is under the age of 5 years. That is unlikely, not impossible, if you have 2 properties.
  • quidsy
    quidsy Posts: 2,181 Forumite
    Sell one ??
    I don't respond to stupid so that's why I am ignoring you.

    2015 £2 saver #188 = £45
  • tomtontom
    tomtontom Posts: 7,929 Forumite
    You were letting out three properties for £1,800 a month. Have you disposed of some property?
  • Darksparkle
    Darksparkle Posts: 5,465 Forumite
    Are you a single parent or do you live with a partner?
  • nannytone_2
    nannytone_2 Posts: 13,012 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    do the children live with you?
  • konark
    konark Posts: 1,260 Forumite
    I'm afraid the £20,000 equity in your second property will make you ineligible for means-tested benefits, but you may be able to get JSA (contribution-based) if you've paid enough NI in the last 2 years.
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