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Thread: Housing Benefit

  1. #1
    Rookie มือใหม่
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    Default Housing Benefit

    Hi all
    Have just applied for a settlement visa for my wife and stepson. We are going to stay with my mother to start with, as i have been living in Thailand for the last 11 years.
    My question is if after a while if I find rented accommodation will I be able to claim housing allowance, I know I can claim child benefit and child tax credits.
    Any help would be appreciated, I am unable to get a mortgage as been out of country to long and when i am able to apply for one need to pay it of by my pensionable age, which would give me 4 years to pay it. thanks in advance for any help

  2. #2
    Premium Member Tom & Nok's Avatar
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    Hi Stulevy

    The best that I can suggest is that you look through the following web pages about the various rules and regs regarding eligibility for housing benefit and how it's calculated:

    https://www.gov.uk/housing-benefit

    From that site, you'll find the following:
    3. Eligibility

    You may get Housing Benefit if:

    • you pay rent
    • you’re on a low income or claiming benefits
    • your savings are below a certain level - usually £16,000

    You can apply if you’re employed or unemployed, but if you live with a partner, only one of you can get Housing Benefit.
    If you’re single and under 35, you can only get Housing Benefit for bed-sit accommodation or a single room in shared accommodation.
    Use a benefits calculator to check your eligibility or contact your council.

    Who isn’t eligible

    Usually you won’t get Housing Benefit if:

    • your savings are over £16,000 - unless you get Guarantee credit of Pension Credit
    • you live in the home of a close relative
    • you’re a full-time student - unless you’re disabled or have children
    • you’re an asylum seeker or sponsored to be in the UK
    • you’re residing in the UK as an European Economic Area jobseeker


    Good luck with your settlement visa application.

  3. #3

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    http://www.entitledto.co.uk is the calculator I used a few weeks back. I don't know how accurate these calculator things are as they tell me as soon as we have our baby I'm entitled to £13k a year overall!!

  4. #4
    R.I.P. colin244's Avatar
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    The calculators are useful to tell you what you can apply for but whether you actually get it or not is a different matter.

    colin 244

  5. #5
    Moderator GTG's Avatar
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    Quote Originally Posted by walshie View Post
    http://www.entitledto.co.uk is the calculator I used a few weeks back. I don't know how accurate these calculator things are as they tell me as soon as we have our baby I'm entitled to £13k a year overall!!
    That seems quite generous!! How is that broken down?
    Gordie T Geordie

  6. #6
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    Any help would be appreciated, I am unable to get a mortgage as been out of country to long and when i am able to apply for one need to pay it of by my pensionable age, which would give me 4 years to pay it. thanks in advance for any help.

  7. #7
    Forum Regular สมาชิกประจำ
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    There was an article in a Sunday paper recently showing showing some mortgage companies are willing to lend to older people..so not strictly correct that you will have to pay a mortgage off by the time you are a senior citizen.One mortgage company loaned to people in their 80s..My friend had a mortgage from Nationwide recently because her house needed extensive renovations carrying out and she was 67 ..

  8. #8
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    The above statement by Stulevy on 24th Jan 2015 is incorrect in my opinion. Obviously you need a certain level of income to obtain any Mortgage but this need not necessarily be completely re-paid on or before your State Retirement age. This said generally the above is correct as all Mortgage providers stipulate an upper age limit when the complete Mortgage repayments should be completed and this currently is commonly your State Retirement age. However, there are alternative providers who will stipulate a much higher mortgage completion age, e.g. 80 or even 85 years old.

    This has two possible benefits. First, a longer term means much reduced monthly repayments OR a much greater loan and therefore able to afford a more expensive place to live. Both options depend on your income irrespective if this is from your work or works pension plus State pension. If your only income is from a State Pension, i.e. less than £200 per week, your chances of any Mortgage is probably impossible. Also, if you have £1,000,000 in savings it is unlikely to influence any Mortgage provider as their computer will only take in to account regular income not any savings you may have.

    i want to obtain a new mortgage next year. I will be 71 years old by this time and be looking for £50,000 to £100,000 repayable over 9 or hopefully 14 years. Do any Forum readers know Mortgage providers for this age group? I know of one just now lending up to the age of 80. Any more?

  9. #9
    Premium Member caller's Avatar
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    Quote Originally Posted by Lipboy View Post
    I know of one just now lending up to the age of 80. Any more?
    Which one is that - could be helpful to me.
    'Tis me

  10. #10
    Forum Regular สมาชิกประจำ
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    You really need to consult an independent mortgage advisor ..but I think you will find most major banks and building societies will lend to you..ie..Skipton building society,Yorkshire bank,Lloyds,TSB,Santander,Chelsea etc..However you may need to provide a deposit of 40% or so..

  11. #11
    Premium Member Tom & Nok's Avatar
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    There's an interesting piece on the Daily Telegraph's Personal Finance web site: "I got a mortgage aged 92: tide turns for older borrowers".

    It seems that smaller building societies are amenable: The National Counties and the Harpenden Building Societies are referred to in the article.

  12. #12
    Premium Member caller's Avatar
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    I need a buy to let mortgage. The main problem appears to be that I am retired. It's still a problem that I'm abroad, but that is easing. I'm heading back to the UK for 2/3 weeks to try and sort it out or pay off my current residential mortgage, but I'd rather keep the capital free.
    'Tis me

  13. #13
    Member สมาชิก
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    Since I used most of my savings to build a house etc in Thailand which we still use for holidays when I had to return to the UK due to health reasons in 2008 I rented at first. Then in 2011 I decided to try and buy via a Shared Ownership scheme, buy buying 50% and renting the rest from a housing association. I did the research myself on mortgages as I had previous knowledge, and settled on the Leeds building society which would do 90% on the shared part at that time. I was 60 at the time and managed to do a 25 year term so I will be 85 when it is paid off!, I am however overpaying to reduce the term. My occupational pension was used as the income source plus my disability living allowance.
    They are still very good on loans for older people and on their current site. http://www.leedsbuildingsociety.co.u...d-guidance.pdf
    They show they will do final age mortgages to 80 for buy to lets, 75 for residential and now 70 for shared ownership. They will lend up to 95% and for younger folk up to 40 year term mortgages on residential and 70% on buy to let.

  14. #14
    Premium Member caller's Avatar
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    Thanks for that RL, I'll look more into that. I need less than 25% of the value of the property. May still need to get around the living abroad thing.
    'Tis me

  15. #15
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    It was a few months ago now, The Derbyshire Building Society. Last year when I enquired they were lending up to 85 years old but a few months ago reduced to 80 years of age? Now?

  16. #16
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    The Derbyshire were taken over by Nationwide completely in November 2014 so may by now just be offering Nationwide mortgages, and they will accept residential mortgages up to age 75 and a term up to 40 years. Their buy to let mortgages are just available through an independent advisor.
    https://www.nationwide-intermediary....eneral/general

  17. #17

    Default

    My advice to the OP is find a job.

    Don't start life with your wife & kid on benefits

    You'll just be labelled as chavs & imo rightly so


    Sent from my iPhone using Tapatalk

  18. #18

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    Another question, OP you say your pensionable age is 4 years away? How are you going to support your family?



    Sent from my iPhone using Tapatalk

  19. #19
    Premium Member Gary & Nok's Avatar
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    .....
    I'm ONE of the 52%

  20. #20
    Old Hand มือเก่า
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    I enquired last year in regards to the same and I was told you won’t be able to claim anything for 3 months.

    May I swerve off the subject somewhat and ask more about your circumstances as they appear to be heading in the opposite direction to what many on here are looking towards. Many members are aiming towards retiring in Thailand but from what I can gather you're moving back to the UK to do so. If this is the case and not too personal would you mind giving the reasons why? I would like to do the same but faced with the cost of living here and the visa requirements I just can't see a way of getting it done.

    I meet many ex-pats that have become very disillusioned with living in Thailand and wish to move on. It would be interesting to hear your reasons.

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