This page is targeted at housing professionals. Our main site is at www.shelter.org.uk

Treatment of capital 2009/10

This content applies to England

How capital is treated in the calculation of housing benefit in 2009/10.

The whole of a claimant's capital (including that of a partner) is assessed in the calculation of housing benefit and then taken into account or disregarded following the rules in this page. Capital means savings, investments and value of property or land owned but not occupied by the claimant. See the Capital and income page for more information about how capital is assessed.

People aged under 60

  • First £6,000 of capital is not counted
  • Capital between £6,000 and £16,000 is taken into account at a tariff income of £1 per week for each £250 (or part of £250) of capital over £6,000
  • Capital over £16,000 is not eligible for HB

People aged 60 or over

  • First £10,000 of capital is not counted
  • Capital between £10,000 and £16,000 is taken into account at a tariff income of £1 per week for each £500 (or part of £500) of capital over £10,000 1
  • Capital over £16,000 is not eligible for HB unless claimant is in receipt of pension credit (guarantee) where there is no upper limit

Residential care homes

If the claimant is in a residential care home, her/his first £10,000 of capital is not counted.


  1. reg 29(2) Housing Benefit (Persons who have attained the qualifying age for pension credit) Regulations 2006 SI 2006/214, as amended by Social Security (Deemed Income from Capital) Regulations 2009 SI 2009/1676. 

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