Can we legally save what we need?

Lioness_Twinkletoes

Froop wrote: »

Where is this rage coming from?.

Where's the rage of which you speak?

I absolutely love it when those that want to buck the system for their own gain (but within the law of course!) get defensive. It is so telling.

pmlindyloo

Tax credits would not be affected by your savings so you would continue to receive those.

So we are left with housing benefit and council tax benefit.

How much are your site fees? I presume you are liable for council tax in your circumstances?

I think your plan to save money to buy land is probably viable.

You need to remember that once you reach over £6000 then your assessment for HB (Site fees) would deem that you had £1 for every £250 over the £6000 so there may be a gradual reduction of the amount awarded if your site fees are paid.

Since you will be saving gradually then the loss will also be gradual and you may be able to reduce your expenditure to cover this (I am presuming you would be in the same job)

I can't comment on your council tax as each authority has different rules although I am unsure, with your partner being of state pension age, how the assessment for council tax reduction would be done.

What I am saying is that you should go ahead with you plan to buy some land if this will give you some security for you and your family.

Putting savings into your children's account is not allowed as you would still have access to it so it is classed as your savings.

Obviously the best way to do this is to save more quickly minimising the financial impact for a shorter time.

The only other thing I would consider is that once you had saved the money whether it would be considered deprivation of capital to use that money to buy land to place your home on.

You cannot be accused of deprivation of capital if you asked the council about this and they said it was OK to use savings to buy land and it would not be classed as deprivation of capital. so you could write and ask them this if you wished.

And, of course, once you reached over £6000 you would need to tell the council and update them on a regular basis (they will tell you how often).

Good luck!

sangie595

Froop wrote: »

Where is this rage coming from? I'm not talking about acting outside of the law, I'm questioning where the line is for staying within it. You should consider meditation mate. Jeez.

I'm assuming that comment is aimed at me. No rage whatsoever. But you asked people to advise you how to hide money you wanted to save from those agencies that assess benefit entitlement, so that you could save more money than you are allowed to. You said that it was ok because the job you do is vital to people, so that meant you should be allowed to do this.

You are asking people to advise you on how to commit benefit fraud. That's a fact, not "rage".

You have received good advice on your current entitlement, but you should not expect people to tell you how to hide £20k. If you wish to save that amount of money, then you need to find employment that lifts you out of benefit entitlement. That was the point. You missed it.

Owain_Moneysaver

Froop wrote: »

but planning permission can be sought and even a few months and a permenant address is valuable...

Even if you buy land, it might not give you a permanent address. You'd need an occupied building for the local council to allocate you a street name and number and add you to the Royal Mail postal address database. Royal Mail won't deliver to caravans on sites (they will deliver to a fixed site office, which is a different thing entirely). Similar applies to houseboats and moorings.

There are of course mailbox and virtual office services which can give the appearance of a fixed address.

I don't know where you are or whether the work you are looking for is elsewhere. Near me a 3-bed flat is offered at £35k. (and that's not leasehold, in Scotland). Reasonable schools. Commutable (just) to Edinburgh or Glasgow. Could you sell the motorhome and use the money for a deposit?