savings

[stokemaveric]

can anyone help?how much money can someone have in their bank before they have to pay their full rent,council tax etc etc?my father died recently and the social security are coming to see my mother about this,she is a pensioner by the way,any help would be really appreicated,thanx in advance.....

[bensmum]

Hi stoke - I was sorry to hear about your father. I think that if she is over 60 and has savings of less than �16000 she can claim Housing & Council Tax benefit. Does ahe get Pension Credit? The website for Dept of Work and Pensions is quite informative

[theonlyone]

stoke i think you should go to the Citizens
Advice Centre ..but also the Social Services
should be involved ..is that what you meant ??

[Ethel]

If you have more than �16,000 in capital, you will not get any Housing Benefit, unless you are getting the guarantee part of Pension Credit. If you have capital of over �6,000, you will be assumed to have some income from that capital.

You will not be able to get any Council Tax Benefit if you have capital (savings or property) worth over �16,000. If you have capital over �6,000, you will be assumed to have some income from that capital, and this will reduce the amount of Council Tax Benefit you can get.

[tigerlily11]

I think it might be but I thought it was only �8000. I could be wrong.
The CAB site might be able to tell you as they have links to goverment sites that deal with this sort of thing.
Hope you find what your looking for.

[tigerlily11]

here might help.
http://www.direct.gov.uk/en/MoneyTaxAndBenefit s/PensionsAndRetirement/index.htm

[WhiteBear]

try this aswell there are some great tips to claim money back or financial support.

http://www.moneysavingexpert.com/

[Velvetee]

Don't tell them, they'll never know.

[stokemaveric]

thank you all very much.................

[theonlyone]

Ethel ..so how much can you have in savings
when you go in to a care home ..and only
living in a rented property ??

[Ethel]

theonlyone

If you live in England and have over �22,250 in capital (savings, investments and property including the value of your home), your local council will assess you as being able to meet the full cost of your care home. If you live in Wales the limit is �22,000.

[theonlyone]

Ethel thanks for your reply ..as I
was told �11,500...

[lozzylou]

i thought it was 16000 but if your mom has more then this just tell her to transfer it into someone elses account for a while untill things ae sorted out x

[Mumof2]

A visiting officer from the local authority will assess the claimant when they see them and will require lots of details ie bank statements etc to see if they are eligible for any benefits,the transfer of any capital will be noticed and if they think there is anything 'amiss' they will refer the case to the fraud section who can access the IR,Banks, Benefit databases etc,so it's best to be honest and give correct info when asked