LCWRA and savings

tristan100
tristan100 Online Community Member Posts: 20 Listener
edited July 2025 in Universal Credit (UC)

I know my universal credit would drop for savings over £6000

But would my LCWRA drop too

Regards Tristan

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Comments

  • chiarieds
    chiarieds Online Community Member Posts: 17,382 Championing

    Hi @tristan100 - LCWRA is just an element or part of UC, so if you have savings of £6000 or more, then your UC payments would be reduced by £4.35 for every £250 (or a remaining part of £250) that you have between £6,000 and £16,000. 

  • tristan100
    tristan100 Online Community Member Posts: 20 Listener

    let’s say in principle if I had £17000,I know I would lose all of my UC,but would my LCWRA also go down or lose it?

  • Chris75_
    Chris75_ Online Community Member Posts: 4,744 Championing

    As was explained above, Tristan, the LCWRA is an element of UC. It isn't a separate payment.

  • OverlyAnxious
    OverlyAnxious Online Community Member Posts: 5,723 Championing
    https://forum.scope.org.uk/discussion/comment/1044612#Comment_1044612

    Deductions are made from UC as a whole.

    If you have £17,000, you would lose all of the UC, including LCWRA and the Housing Element.

    If part of the £17,000 came from benefits backpay, then it can be disregarded, and you would keep the UC.

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