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Legal, pensions and money

Benefits for low paid son

(64 Posts)
NanaSuzy Fri 08-Mar-19 14:20:37

My son has a permanent job but only earns £10 per hour. Are there any benefits he could be getting? Problem is we gave him some money (£80,000) for a house deposit - which he has invested, till he can pay a mortgage. Do these savings mean he can't get benefits?

maryeliza54 Sat 09-Mar-19 15:33:32

And that’s terrible isn’t it gilly. But even here in the affluent Surrey stockbroker belt I see plenty of minimum wage jobs advertised - mind you I don’t know if they get easily filled. It would be interesting to see the median wage figures by region - it would be lower in the NE I’m sure.

gillybob Sat 09-Mar-19 15:28:40

£10 per hour would be classed as a fairly good wage here in the NE ( I know plenty people earning much less) and I can’t imagine anyone on this wage would be entitled to any benefits , assuming full time and single ( without dependants) of course . I do know that single people get a bit of a rough deal when it comes to tax credits .

maryeliza54 Sat 09-Mar-19 15:22:00

nana usually posts on threads like this are just helpful and try and give advice and information. Sadly yours touched a nerve with some posters re what is low pay and because you’ve been able to help your son. I hope his investment is a good one and that he will before too long be able to buy his first home.

GillT57 Sat 09-Mar-19 15:15:21

nanasuzy please don't be put off by a few comments from a few posters, they are a minority! We are a friendly and helpful forum with a wealth of experience and support.

muffinthemoo Sat 09-Mar-19 15:08:25

NanaSuzy if you are still reading, pass him this link and have him plug the relevant information in:

www.entitledto.co.uk/

It's a very handy benefits/entitlement calculator. Should help clarify his position.

NanaSuzy Sat 09-Mar-19 14:57:26

Thank you Maryeliza54 for your courteous, intelligent and fair comments. However, this first venture of mine into any sort of internet group has confirmed my previous gut-feeling that I don't want to be in one. I shan't be posting again.

GillT57 Sat 09-Mar-19 14:43:26

showerfresh just how much more patronising and smug can one person be? Bloody hell

maryeliza54 Sat 09-Mar-19 13:58:08

We have answered the OP’s question - he’s not entitled to any means rested benefits because of his capital. What we went to to discuss was whether without the capital he would perhaps have any entitlement to HB given that he is working. That would mainly depend on how many hours he was working. As for £10 an hour being a good wage - if he worked 40 hours a week for that he would earn £400 a week. ONS figures for median full time earnings last year were £569 so no £10 an hour is not a good wage, it’s just that the minimum wage is so low.

notanan2 Sat 09-Mar-19 12:59:34

Whether or not he is on a "low income" depends on what hours he does.

£10/hr full time is not a low income its around the middle. £10 part time is a low income.

No one can answer the OPs question with so little info

maryeliza54 Sat 09-Mar-19 12:50:55

shower what a charmed lucky life you must lead. And all your family , friends and acquaintances. None chronically sick or disabled receiving help ( not bloody handouts) from the state to help them live with some degree of dignity and decency.

showergelfresh Sat 09-Mar-19 12:33:24

Well done to you CassieJ
Independence is the best and finest thing going.
Living on less also means less waste for our planet. We buy far less - so eco friendly!
Bring on minimalism. I love it.
Good for you. Who needs or wants handouts from anyone?
xx smile

CassieJ Sat 09-Mar-19 09:27:30

I work full time on living wage of £8 per hour. I would love to receive £10 an hour. As a single adult you get very little benefit help. I can get no help at all and struggle on what I earn.

maryeliza54 Sat 09-Mar-19 09:23:10

I don’t think the OP was looking for sympathy just information. If they hadn’t transferred the money to him, he might ( don’t know) have been entitled to some housing benefit. When young people apply for benefits we don’t include their parents income/assets in the calculation and there are probably plenty of young people getting benefit help whose parents are well off. I’m sorry for the OP actually tbat they made this decision without realising the consequences. Of course they are stuck with it now and that’s a pity. But how nice they are able to help their son -it’s just a shame that not all parents are able so to do.

mcem Sat 09-Mar-19 08:29:45

Sorry OP. I have no sympathy. Why on earth would such a fortunate young man get any benefits?
Can't see why families in dire circumstances should be squeezed even further to divert scarce resources in his direction.
Clearly perceptions of "need" vary greatly!

maryeliza54 Sat 09-Mar-19 08:06:30

And doesn’t anyone understand that areas with very low house prices are more likely to have more insecure minimum wage jobs?

maryeliza54 Sat 09-Mar-19 08:04:05

Unless we know where he lives we have no idea what size deposit he needs. Assume his gross income is £20000, a very generous bank might lend him £60000. To buy a one bedroom flat where I live he’d need a deposit of at least £200-240,000.

Anja Sat 09-Mar-19 06:46:51

How much more than £80,000 does anyone actually need for a deposit anyway? ??

mumofmadboys Sat 09-Mar-19 06:09:38

Are you a new poster Nanasuzy? If so, welcome to GN!

GrandmainOz Sat 09-Mar-19 06:01:25

£80,000?? Good grief! Hope he's taking very good care of that. That's a fortune in anyone's book. As a previous poster said, he could practically buy a flat straight out in some areas.

MissAdventure Fri 08-Mar-19 22:30:20

Yes, that's why a lot of people are claiming working tax credits.

That's why people need food banks if their money is messed with.

Minimum wage is £7.85, I think.

GillT57 Fri 08-Mar-19 21:47:29

jalima we do not know what the young man does for a living of course,or where, but £10 an hour is very little to run even a single household on.

Jalima1108 Fri 08-Mar-19 21:21:09

You could buy a flat or house in some areas with £80,000.
Would he be better moving?

Jalima1108 Fri 08-Mar-19 21:20:13

crikey some seem to think that £10 per hour is a lot, it isn't!
Really?
It is more than a lot of people get GillT57!

mumofmadboys Fri 08-Mar-19 20:37:42

Is his job full time? 40 hours at £10 per hour is £400 per week. I'm sure he won't be entitled to any benefits on that

NanaSuzy Fri 08-Mar-19 19:58:09

That's the problem.