What does this mean for you?
For our residents, you will see a note on your Universal Credit journal, informing you of this change.
The standard allowance of Universal Credit per calendar month will change as follows under the following payment category sections*:
- Single and under 25 – will reduce from £344 to £257.33
- Single and 25 and over – will reduce from £411.51 to £324.84
- A couple who are both under 25 – will reduce from £490.60 to £403.93 (this is a total – not an amount for each person)
- A couple who are both 25 and over – will reduce from £596.58 to £509.91 (this is a total – not an amount for each person)
*figures taken from Department for Work and Pensions
We’re here to support you
We appreciate that this change might be difficult however, paying your rent on time must be your priority. To help you manage this, we have set up many different ways you can pay your rent.
We are also committed to supporting you should you face financial difficulties so if you’re struggling to pay your rent then please contact us as soon as possible. We have a specialist team who are here to support you and provide expert advice on claiming benefits and maximising income.
What can you do?
Leading up to this change in personal allowance, we advise that you review your monthly budget, looking at what you spend on your living costs, including food, utility bills as well as many other financial outgoings.
Citizens Advice have a great budgeting tool that will help you know exactly where your money is being spent and how you could potentially cut costs and save money.
Finally, please take time to look at our dedicated webpage, where you can find extra financial advice and what support is available to you.
*At the start of the pandemic the Government gave every Universal Credit claimant an extra £20 per week in their personal allowance. The Personal Allowance is for living costs such as food, utility bills, a contribution towards Council Tax, travel and so on.