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Savings Cap for couples & buying a house

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chanz4
chanz4 Posts: 11,057 Forumite
Part of the Furniture 10,000 Posts Name Dropper Xmas Saver!
edited 13 December 2024 at 10:30AM in Benefits & tax credits
With the new forced migrations to UC from tax credits, I do wonder how the gov expect parents that want to buy a house are able to.  A lot of working parents just get say child care help, they are unable to buy houses for 60k.

The savings cap for a single person is only 6k, but a couple is the same.   6k for a couple that work is less than 3 months wages, think the gov need to relook at this
Don't put your trust into an Experian score - it is not a number any bank will ever use & it is generally a waste of money to purchase it. They are also selling you insurance you dont need.

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