Implications for joint mortgaged and dual earning households
According to Johnny Timpson, financial protection technical & industry affairs manager for Scottish Widows, yesterday's announcement by the Department for Work and Pensions (DWP) regarding Universal Credit will have been missed by many amid Brexit and Tory leadership news. The social security payment designed to simplify benefits and incentivise paid work has now been rolled out to all working age welfare claimants in the UK, the DWP has confirmed. "This should be a call to action for mortgage advisers in particular as they need to very mindful of the ‘no earned income' eligibility re...
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