Tied house

[bigwullie]

My income is £1000 under the £18600 required but I live in a free tied cottage. Will the benefit of the cottage be taken into account for income puposes.

[harv]

I am afraid not.

in order to compensate the difference you will need at least the following amount in your savings:

£16,000 + (£1,000 X 2.5) = £18,500