Cost Of Living Payment & 18 More Grants To Claim
There is a lot of Government for people who are struggling with household costs, especially energy bills which have gone through the roof this year.
The cost of living payment is one of the first grants you should look into. It is especially for those on a low income or claiming benefits.
Cost of living support will probably be arounf for the next 2 years as energy bills are expected to be high for the next 2 years or so.
We have compiled 18 grants that you also may be eligible for to help you with your day to day living expenses.
Cost of Living Payment
Households on means tested benefits, including Universal Credit, Pension Credit and Tax Credits, will receive a payment of £650 this year. Disabled people will get an extra £150.
This Cost Of Living Payment will be open to the whole of the UK
This will be made automatically in two instalments, one in summer and another in the autumn, and is in addition to the £400 discount on energy bills.
Grants For Heating & Insulation
The second most important grant to help you with the cost of living are the various heating and insulation grants which are currently free of charge to people on benefits.
Upgrading heating and insulation will reduce your energy bills by up to 30%. This Cost Of Living Grant has limited funding so you should check out all the grants below.
Disability Cost of Living Payment
Individuals on disability benefits will receive a one-off £150 payment in September to help with extra costs, such as for specialist equipment or transport.
This is in addition to the £650 Cost of Living Payment for disabled people who also receive means tested benefits.
Pensioner Cost of Living Support
In the winter months pensioners can get between £100 and £300 to help pay heating bills.
This winter, they will also receive an extra one-off £300 Pensioner Cost of Living Payment, which will be paid as an automatic top-up to the Winter Fuel Payment.
Council Tax rebate
If you live in Council Tax bands A to D in England you’ll get £150 back from your Council Tax bill (4 out of 5 households in England).
For most people the rebate is automatic, however if you don’t pay your Council Tax by direct debit then get in touch with your Council.
Household Support Fund
£1.5 billion has been made available to support the most vulnerable to cover their essential daily costs, like energy bills. Recipients include pensioners and families with children.
You may be eligible for a Budgeting Loan if you’ve been on certain benefits for 6 months. This can be used for household items, rent in advance and travelling costs.
Cheaper phone and broadband
You may be eligible to move onto a social tariff if you’re struggling to afford your broadband or phone services.
Help paying your Water Bill
Many water companies run hardship schemes or fund independent charitable trusts which can help you pay your bills.
TV Licence fee freeze
The TV licence fee has been frozen at £159 until 2024. This means households will not see any change to the licence fee until 1 April 2024.
Get help with all or part of your rent
You may get help with all or part of your rent.
There’s no set amount of housing costs support and what you get will depend on whether you rent privately or from a council or housing association.
Universal Credit if you’re unemployed or on low income
If you and/or your partner are responsible for paying rent for the home you live in, or if you have a mortgage, Universal Credit may provide help towards the cost.
Housing Benefit can help you pay your rent if you are state pension age or you’re in supported, sheltered or temporary accommodation
Support for additional housing costs
You may be able to get support for additional housing costs if you’re already claiming Housing Benefit.
Council Tax support schemes
Councils run support schemes to help people on low incomes with their Council Tax bill.
Discretionary Housing Payments
If you are on certain benefits you may be eligible for Discretionary Housing Payments which provide financial support to help with rent or housing costs.
Get help with interest payments on mortgages or loans
If you’re a homeowner on qualifying benefits, you might be able to get help towards interest payments on your mortgage or loans you’ve taken out for certain repairs and improvements to your home.
95% mortgages for homes up to £600,000
You may be eligible to borrow up to 95% of the cost of a property worth up to £600,000 thanks to the mortgage guarantee scheme.
Contact mortgage providers to see if you’re eligible.