Covering the cost of moving house

Caz3121

you mention 'we', are you moving with a partner or friend?
assuming you are under 35 you will qualify for shared accommodation rate unless you are sharing with a partner in which case it would be a joint claim for one bedroom rate and if your partner is working this will reduce the benefits

What information are you putting in to get £18k. Pre Universal credit an unemployed single person living in private rented would receive £7k towards rent £3k JSA if under 25 or £3.8k if over..there should be some help with council tax but doubt it would equate to an extra £8k

Pixie5740

Not all lenders accept benefits as income because they can change on the whim of the government. I'm also not sure how you worked out your universal credit to be £18k a year, that sounds very high even for living in London. Using the universal benefit calculator I work it out to be a lot less. In fact it works out so low that I'd be surprised if you could find a room to rent in London that was less than your universal credit which leaves you nothing for food, travel and other living costs.

DK412

Moving with two friends

DK412

I had figured it sounded high but I tried multiple different calculators and it kept coming up with that number, unless I was making similar mistakes each time I'm not sure.

DK412

Pixie5740 wrote: »

Not all lenders accept benefits as income because they can change on the whim of the government. I'm also not sure how you worked out your universal credit to be £18k a year, that sounds very high even for living in London. Using the universal benefit calculator I work it out to be a lot less. In fact it works out so low that I'd be surprised if you could find a room to rent in London that was less than your universal credit which leaves you nothing for food, travel and other living costs.

Yeah I double checked and you were right it is much less, as such I'd need to get a bar job in London to cover the costs or something. I understand that it seems as though I'm making an impractical choice to move there, and perhaps I am, but moving home isn't an option. In your opinion, what is the best route for me to achieve moving there? I need a job to get a loan to get a house, but I need a house to afford to work to get a loan to get a house.

What choices do I have that won't inevitably cripple me?

Pixie5740

You're in a vicious circle. You can't afford to move to London, you'll struggle to find a landlord willing to accept someone on benefits, without an income you'll struggle to find a half decent lender willing to give you a loan or credit card. I don't know how to break that cycle. Your friends who you're moving to London with, do they have jobs lined up and savings?

[Deleted User]

Have to agree that you won't get a loan of any sorts and will find getting somewhere to rent if not in work difficult.
The best option would be to move in with a family member if parents aren't an option and get any job and then save save save

fruitisbad

Find a squat to live in

tonyh66

are the friends you intend on moving to london with employed? or are all 3 of you thinking you can rent accom without having jobs? If they have jobs lined up can you not doss with them until you have a job?