LCWRA, PIP and mortgage

Momo96

Hello, I'd like to ask a simple question about universal credit benefits and mortgage

Currently I receive universal credit (LCWRA element) PIP and housing benefit, 

I'm getting a bit confused trying to find the answer, but am I correct in assuming that moving into a mortgage'd property by myself the ONLY figures that would change would be losing the housing element? Is that correct? Everything else would remain exactly the same as I am currently receiving? Thanks!!

HillStreetBlues

That is correct, UC with LCWRA & PIP will continue.

Spoonie_Turtle

If you or a partner have earnings, the work allowance will increase which will reduce the deductions from your UC.

But if you don't have earnings then yes the only thing that will change is no longer receiving the housing element.

Momo96

Thank you both very much for the helpful replies

Do you happen to know how to go about notifying them? Do I just leave a message in the journal saying "I no longer need Housing benefit as I am living in a home with a mortgage" or is there a specific process I need to start

Sorry for the additional question, I only just thought of it

HillStreetBlues

Log into your UC account go to report a change and then Where you live and what it costs

peteuk

So your thinking of buying a house (assumption is that as you have housing benefit your currently renting) 
Where is the deposit coming from and have you a lender who will lend to you whilst on benefits?
It’s important to remember that interest rates also go up.  My current mortgage is fixed for 2 yrs, that ends January and the best quote we currently have is an increase of £200 - £300 (depening on the fixed term.