How much savings can I have on housing benefit?

Do YOU qualify for housing benefit?

Benefits come with a range of qualifying criteria, most of which depend on how much people earn. Not all of them replace an income altogether but may supplement what someone already has. The supplement they get may, in some cases, depend whether they have a set amount of money in their savings.

How much savings can you have on a housing benefit?

Housing benefits help people pay their rent if they are unemployed, on a low income, or claiming benefits.

According to, people can only make a new claim for the benefit if they have reached State Pension age or live in supported, sheltered or temporary housing.

The Government has disclosed several exempting factors which may discount people from getting housing benefits.

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The Government site states people who have savings over £16,000 cannot get the benefit.

The only exception, in this case, is if they have Guarantee Credit of Pension Credit.

The savings limit is one of several factors which may mean people can’t get housing benefits.

There are another 10 living situations which disqualify people from claiming housing benefit.

These include:

  • Paying a mortgage on your own home
  • Living in the home of a close relative
  • Already claiming Universal Credit
  • Living with a partner already claiming Housing Benefit
  • Studying full-time
  • Residing in the UK as a European Economic Area jobseeker
  • Seeking asylum or already receiving sponsorship to live in the UK
  • Being subject to immigration control and having granted leave which prohibits public fund claims
  • Being a Crown Tenant
  • Having reached State Pension age while a live-in partner hasn’t (unless they have an existing claim before May 15, 2019)

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Which benefits depend on savings limits?

  • Savings limits affect several benefits across the board, including:
  • Universal Credit
  • Pension Credit
  • Tax Credits (Child Tax Credit and Working Tax Credit)
  • Council Tax Support
  • Income-based Jobseeker’s Allowance
  • Income-related Employment and Support Allowance
  • Income Support
  • Housing Benefit

With most, the ceiling remains at £16,000, but they may have varying rules for lower amounts.

For example, Universal Credit has an upper limit of £16,000, but a lower limit of £6,000.

As with the others, having £16,000 prevents claiming benefits, while the lower limit allows them to claim but limits how much they get.

Each £250 amount over £6,000 takes £4.35 of the total amount someone can claim.

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