We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Some Councils have lower HB savings limits...

2»

Comments

  • Danday
    Danday Posts: 436 Forumite
    CIS wrote: »
    There is a recommended limit for CTR in that the default scheme has a ceiling limit of £16k which was intended to mirror the CTB scheme - as local authorities have delegated powers though (except for pensioners) the recommended default scheme limit isn't really a bar on them changing it if they feel it is not right for their own scheme. Apparently most councils have come down to £6k.

    To be honest there are many people that don't have more than £10 to their name. So it would seem sensible that if you have capital, then it is there to help cover your expenses.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.4K Banking & Borrowing
  • 254.4K Reduce Debt & Boost Income
  • 455.4K Spending & Discounts
  • 247.3K Work, Benefits & Business
  • 604K Mortgages, Homes & Bills
  • 178.4K Life & Family
  • 261.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.