Claiming social welfare & rental income

CMK

Registered User
Messages
219
Can you claim social welfare if you own a second home that you receive rental income from each month?

We dont want to go down the road of not declaring the rental income and being found out again? Does anyone know the answer to this?

Thanks
 
A second property is assessed as means based on the value of the property minus any outstanding mortgage, rather than the rental income.

Entitlement will depend on the scheme you're applying for, any income or other savings you may have, the assessable value of the property, plus any other rules that apply to the individual scheme.
 
What exactly do you mean by "Social Welfare", it covers a multitude of payments not all of which are means tested. See the Stickied Key Post. If it's Jobseekers Benefit then no your rental income doesn't come into play. I'm not sure what the implications are for other payments.