Redundancy and eligibility to claim benefits

My wife is about to come to the end of her redundancy period and we would like to apply for a small mortgage but my present income is quite low she is 64 and will get pension at 66 my question is would it be worthwhile claiming benefits till then to help us with the mortgage( we have been given 6 months notice on the rental we are in at the moment) 
I have looked at some lenders but my income on its own is not enough although it will increase soon, we do have a decent amount saved for a deposit however its a catch 22 at the moment because if she was still in work we would be ok. If anyone has any suggestions it would be gratefully received.


  • AskAsk
    AskAsk Posts: 2,401
    First Anniversary First Post Name Dropper Photogenic
    edited 8 October 2020 at 6:28PM
    You will struggle to get a mortgage.  A lot of lenders don't even lend to anyone over 55!  They also won't lend to anyone claiming benefits.  Have you actually spoken to any lender?
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