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Forum Home  →  Discussion  →  Universal credit administration  →  Thread

Help to buy ISAs

MaggieB
forum member

Dorchester CAB

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Total Posts: 271

Joined: 11 October 2010

Are help to buy ISAs counted as capital for UC. Can’t find anything to say they are ignored but hoping it can!

Elliot Kent
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Shelter

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Total Posts: 3139

Joined: 14 July 2014

Yes the ISA should be taken into account as capital. The funds in the ISA are still accessible and can be withdrawn at any time without penalty. The ISA will be taken into account at it’s face value though; the 25% bonus is only applied on completion of the sale

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MaggieB
forum member

Dorchester CAB

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Total Posts: 271

Joined: 11 October 2010

Found the answer - yes they are.. sorry Elliot that crossed with your response..