× Members

savings over £16.000

More
10 years 9 months ago - 10 years 9 months ago #124062 by pusscatsmum
savings over £16.000 was created by pusscatsmum
Hi,
I know this has been covered b4 elsewhere, however I really need up to date clarification.

I am on ESA Cont base and in the SG.

I am frantically saving up to have more works done on the house to make life easier for my self, however I shall soon exceed £16000 in savings, will this affect my benefits ?
(Claim Cont based ESA SG, DLA HR Care/Mobility Ind Inj @ 50%)

No other benefits available as my husband works full time & earns way in excess of £85 pr week.

It would seem daft if it does affect my benefits as I have to pay for any thing I require as husband works and thus need to save up in order to procur what is required.
Last edit: 10 years 9 months ago by slugsta.

Please Log in or Create an account to join the conversation.

More
10 years 9 months ago #124063 by slugsta
Replied by slugsta on topic savings over £16.000
PCM,

You are on DLA and contributory ESA, neither of these are means-tested so your savings will not make any difference.

Nothing on this board constitutes legal advice - always consult a professional about specific problems
The following user(s) said Thank You: joanleblond

Please Log in or Create an account to join the conversation.

More
10 years 9 months ago #124066 by pusscatsmum
Replied by pusscatsmum on topic savings over £16.000
phew murky buckets.

I thought that was the case, however DWP site very confusing.

Also I thought the scenario would help others too.

Please Log in or Create an account to join the conversation.

Moderators: GordonGaryBISCatherineWendyKellygreekqueenpeterKatherineSuper UserChrisDavid
We use cookies

We use cookies on our website. Some of them are essential for the operation of the site, while others help us to improve this site and the user experience (tracking cookies). You can decide for yourself whether you want to allow cookies or not. Please note that if you reject them, you may not be able to use all the functionalities of the site.