ChatterBank0 min ago
social security benifits
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how much savings are you allowed to have for an oap, when receiving housing benefits ect, before it affects your benefits.
thank you
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If you and your partner have joint savings over �16000 you will not be eligible. I think the amount of benefit depends on the amount of saving, they will take into account the interest you receive as income.
have a look here : http://www.direct.gov.uk/MoneyTaxAndBenefits/BenefitsTaxCreditsAndOtherSupport/DoYouQualifyForHousingBenefit/fs/en
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