Hi,
I just had a question about universal credits and mortgage overpayments.
We currently have some savings due to some money we inherited and are going to be making extra monthly payments on our mortgage.
However I've been reading just recently about universal credits and how any savings you have are treated as they are under other benefits with the 6k and 16k thresholds.
Will overpaying our mortgage now, as in 2013, be seen as deprivation of capital?
I just had a question about universal credits and mortgage overpayments.
We currently have some savings due to some money we inherited and are going to be making extra monthly payments on our mortgage.
However I've been reading just recently about universal credits and how any savings you have are treated as they are under other benefits with the 6k and 16k thresholds.
Will overpaying our mortgage now, as in 2013, be seen as deprivation of capital?