What is a universal credit income?
Universal Credit is a brand name used for the government’s flagship welfare reform programme. Universal Credit replaces 6 existing benefits with one monthly payment. Universal Credit aims to simplify the system and increase its effectiveness.
Can I get a mortgage as a carer if I am also getting a universal credit income?
Yes, but you will need to prove that you are getting enough money from Universal Credit to cover the costs of your mortgage repayments.
What are the different housing benefits for a carer in the UK?
There are three main types of housing benefits for a carer: Carer’s Allowance (CA), Housing Benefit (HB) and Council Tax Support (CTS). These all differ slightly in their rules and conditions.
What is a carer’s allowance?
A carer’s award is a tax-free cash sum that is paid to eligible carers of disabled people or older adults. This includes those caring for children, young people or vulnerable adults. You can only receive a carer’s allowance if you are providing unpaid care to someone else. If you are interested in getting a bit of mortgage advice on a carer’s allowance, you can always contact our team of expert advisors who can help you with best mortgage deal.
