Landlord Calls for More Advice on Universal Credit

Every benefit claimant moving on to universal credit should have a guarantee of face-to-face money advice, a housing association has said.  Circle Housing Group makes the call in a report called Has the Penny Dropped?, which reveals large numbers of the association’s tenants are concerned about their finances.  A survey of 1,144 Circle tenants found three in 10 ‘lie awake at night thinking about money issues’, while nearly one in four don’t know how to improve their financial situation.  The research findings show 57 per cent of tenants prefer to use cash, although only 4 per cent do not have a bank account. Only 38 per cent save on a regular or occasional basis while 40 per cent have no home contents insurance.  Download a copy of the report from the Circle website.