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https://www.gardencourtchambers.co.uk/news/social-welfare-updates/the-deprivation-of-capital-rule-in-welfare-benefits
Practice Note. THE DEPRIVATION OF CAPITAL RULE . IN WELFARE BENEFITS. A SUMMARY OF THE CASE LAW ON ITS APPLICATION. Under the 'deprivation of capital rule', a claimant who deprives him or herself of capital for the purpose of retaining or obtaining entitlement to means-tested benefits (i.e. Income Support, Housing and Council Benefit, income-based Jobseeker's Allowance, income …
https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/754224/is-20.pdf
IS20 – A guide to Income Support This guide is for professional and voluntary advisers and members of the public who want to know more about Income Support.
http://www.legislation.gov.uk/uksi/1987/1967/schedule/10/made
Any capital which under regulations 41 and 44(1) (capital treated as income and modifications in respect of children and young persons) is to be treated as income. 21. Where a payment of capital is made in a currency other than sterling, any banking charge or commission payable in converting that payment into sterling.
https://www.entitledto.co.uk/help/savings
You cannot get any of the means-tested benefits (income-related Employment and Support Allowance, income-based Jobseeker's Allowance, Income Support, Housing Benefit or Universal Credit) if your capital is above the upper limit of £16,000.
http://www.legislation.gov.uk/uksi/1987/1967/contents/made
These Regulations provide for various matters concerning entitlement to, and the amount of, income support. These Regulations provide for various matters concerning entitlement to, and the amount of, income support. Skip to main content; ... PART V INCOME AND CAPITAL. CHAPTER I general. 23.
https://www.manchester.gov.uk/info/500180/housing_benefit/4265/how_savings_investments_and_property_affect_your_housing_benefit_and_council_tax_support/2
Total capital between £6,000 and £16,000 - you may still get benefit but the rules say we must assume that you earn income from your capital, which, in turn, affects how much benefit you get. Follow the link to see how we work it out. Total capital over £16,000 - you cannot get Housing Benefit or Council Tax Support unless you or your ...
https://forums.moneysavingexpert.com/showthread.php?t=3158696
Oct 01, 2011 · "Deprivation of Capital" when on Income Support 6th Apr 11 at 11:05 PM #1 25 years ago I bought a house for £15,000 with an endowment mortgage, about 3 years later I borrowed a further £5,000 also on an endowment mortgage.
https://www.gov.uk/income-support
Income Support can help you cover your costs if you’re on a low income. You can only apply for Income Support if you either: get the severe disability premium, or are entitled to it; got or were ...
https://www.gov.uk/employment-support-allowance/eligibility
Employment and Support Allowance (ESA) money if you cannot work because of illness or disability ... You cannot get income-related ESA if you have savings or investments worth over £16,000.
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