We can accept Universal Credit subject to it making up less than 50% of the gross annual income. If state benefits make up over 50% and under 70% of the combined gross annual income, it's best to contact your key account manager to discuss the case.
We'll ask for:
- 3 months’ of Universal Credit statements (printed online statements are acceptable)
- Latest 3 months' bank statements clearly identifying the source of the income as being Universal Credit
We’ll check that:
- Any children are under 13 years old (we can’t accept child benefits for children aged 13 or over)
- Housing benefits are not used as a source of income
- Applicants have other employed or self-employed income
- The amount declared on the application matches the amount shown in your evidence after required deductions