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Forum -> Inquiries & Offers -> UK and Europe Related Inquiries
Universal credit, for those that own their home..



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amother
OP


 

Post Mon, Dec 11 2023, 3:22 pm
If you're on universal credits, do you get more or less than you were originally getting on tax credits? And do you own your home, or you're renting? We're going onto it in a couple of months and I'm really nervous that we'll be getting loads less. How are you managing, and how does it all work? We own our home, have an average mortgage, plus getting childcare for 4 kids, plus one in a very expensive yeshiva! (obviously no childcare back for him)
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amother
DarkKhaki


 

Post Mon, Dec 11 2023, 3:30 pm
we own home. we moved from wftc to UC and lost about 200 a mth but I think it's more BC only 1 kid under 18 now.....still getting a significant amount a mth.
we went down aswell based on earnings...which is fair.
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amother
OP


 

Post Mon, Dec 11 2023, 3:33 pm
amother DarkKhaki wrote:
we own home. we moved from wftc to UC and lost about 200 a mth but I think it's more BC only 1 kid under 18 now.....still getting a significant amount a mth.
we went down aswell based on earnings...which is fair.


Wow that's quite a lot. I hope others chime in soon. It sounds like most of us will lose money, or do some gain?
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amother
Ghostwhite


 

Post Mon, Dec 11 2023, 4:01 pm
I never knew you could be receiving benefits if you own your own home.
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amother
OP


 

Post Mon, Dec 11 2023, 4:31 pm
amother Ghostwhite wrote:
I never knew you could be receiving benefits if you own your own home.


Do you live in the UK? You obviously don't get housing benefit anymore but of course you get working tax credits etc if you're working!
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amother
OP


 

Post Mon, Dec 11 2023, 5:57 pm
Bump
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