Regular Mortgage Overpayments

prettythings

Hi there,

There is a lot of mixed information online about this topic so just wondering if anyone would be able to provide some clarity.

My husband and I have a joint UC claim. We both work, he is full time (around 50hrs per week) and I'm part time (around 15hrs per week). We have 2 children, the youngest recieves high rate DLA care component. We therefore receive extra elements to our UC (disability & carers). I also receive PIP (standard daily living).

We have spent the majority of our relationship in credit card debt, which we have now thankfully all paid off. I would like to start making overpayments on our mortgage from our wages. I'm thinking about £300-£400 per month. Would this be considered deprivation of capital by UC?

Thanks so much for reading!

Emilee

Anything can be seen as deprivation of capital if it is done with the intention of increasing your UC award by using your capital.

Deprivation of capital is any situation where you have deliberately reduced your capital specifically to get or increase your Universal Credit award.

In most cases for UC, overpaying your mortgage (or repaying any debt) is not treated as deprivation of capital, provided you’re not doing it to deliberately reduce your capital solely to increase or retain UC entitlement.