Family & Relationships0 min ago
Renting While In Old Age
3 Answers
May sound like a silly question, but for people who can't afford to buy property they have to rent.
When people get to old age and one need to retire, how can they afford rent? What happens to them?
When people get to old age and one need to retire, how can they afford rent? What happens to them?
Answers
Best Answer
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For more on marking an answer as the "Best Answer", please visit our FAQ.Those who have savings of less than £16,000, and who are on a low income, can apply for housing benefit. The amount payable varies depending upon the part of the country (and. of course, on the actual income of the claimant) but where I live (Mid Suffolk) the '1 bedroom' rate is a maximum of £88.85 per week. Elsewhere (such as in some parts of London) it can be up to £250 per week.
They filkl out the relevant forms (some 50 pages long and daunt even me)
and apply for housing benefit - now known as Local Housing Allowance and full of completely different rules than Housing Benefit
and it gets paid. Some of it anyway
If they get screwed on the bedroom tax - which certainly happens in Manc, then either the landlord can agree to absorb the loss or they have to make it up out of other benefits they are eligible for.
Council tax would also be paid on their behalf - but not all
They eat baked beans on toast a lot
and apply for housing benefit - now known as Local Housing Allowance and full of completely different rules than Housing Benefit
and it gets paid. Some of it anyway
If they get screwed on the bedroom tax - which certainly happens in Manc, then either the landlord can agree to absorb the loss or they have to make it up out of other benefits they are eligible for.
Council tax would also be paid on their behalf - but not all
They eat baked beans on toast a lot
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