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UC LCWRA & saving up for rent
10 hours 51 minutes ago #311172 by ivyfox
UC LCWRA & saving up for rent was created by ivyfox
Thanks to your invaluable advice, I successfully underwent Managed Migration to UC in the summer.
At the time of registering to receive UC, there wasn't a tick box which reflected accurately how I have to pay my rent. Nor was there space allocated for further details, so I simply entered the monthly rent amount as stated on my private tenancy agreement, which is £1100.
The property management company requires that I pay a minimum of 6 months' rent in advance, in return for which I receive a tenancy of 6 months. The renewal date is March 2026.
I'm a bit worried that my savings may just go over the £6K threshhold, depending on when monies enter & leave my account in March.
Would you recommend I put a note in my journal to explain the rent payment method? Please advise.
Thank you for all that you do
At the time of registering to receive UC, there wasn't a tick box which reflected accurately how I have to pay my rent. Nor was there space allocated for further details, so I simply entered the monthly rent amount as stated on my private tenancy agreement, which is £1100.
The property management company requires that I pay a minimum of 6 months' rent in advance, in return for which I receive a tenancy of 6 months. The renewal date is March 2026.
I'm a bit worried that my savings may just go over the £6K threshhold, depending on when monies enter & leave my account in March.
Would you recommend I put a note in my journal to explain the rent payment method? Please advise.
Thank you for all that you do
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