Actually you're allowed up to £15k (might be £16k) and still be eligigle to claim benefits.
I know becasue after being made redundant I couldn't get damn all. While the bloody spongers were benefitting from my taxes.
So annoying that people who are careful with their money, do what the government want and save, buy their own homes, get penalised for it if they are unfortunate enough to lose their jobs.
For instance. If you are a home owner, even if you don't have a penny in the bank, lose your job and you can't get any help with your mortgage for 6 months.
If you are renting, you get that paid straight away, even if you are renting privately. SO if I lose my job I'm stuffed, even though my mortgage payments are fairly low, while someone who is renting for twice as much as my mortgage gets that paid for them.
I've seen the argument that why shoulkd the tax payer fund the mortgages of those who lose their jobs, but they fail to appreciate that paying the rents of private renters is not only paying for the properties of landlords but in many cases contributing to their profits.
So many ways in which those who want to work are penalised by the benefits system and it is those that the cuts in benefits are affecting. Especially true of the work shy with oodles of sprogs because the Goverment will never cut the benefits of those as they will not put them into "child poverty", despite their rhetoric to the contrary. So the ones who keep knocking out kids continue to be housed while the ones who have worked and been affected by the recession risk losing their houses.
