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Overpaying mortgage

Amelia121h
Amelia121h Posts: 1 Newbie
Third Anniversary
in Benefits & tax credits
I have been overpaying my mortgage and receive universal credit. I am close to the £6k savings and have just realised would universal credit count overpaying my mortgage as deprivation of assets? I see you are allowed to repay debt but this is above what my agreement is.

Comments

  • HillStreetBlues
    HillStreetBlues Posts: 6,240 Forumite
    1,000 Posts Third Anniversary Homepage Hero Photogenic
    edited 23 September 2024 at 9:47PM
    You are fine overpaying, repayment of a debt is never deprivation of capital (assets). Your mortgage is a debt and doesn't matter what any agreed payments are.
    Let's Be Careful Out There
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