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Bristol Post
Bristol Post
World
Rachel Pugh & Ben Bloch

DWP: Universal Credit and State Pension claimants banned from some UK banks

A warning has been issued to Brits on Universal Credit and State Pension about payment bans being imposed by some banks.

Half of all lenders are refusing to give a mortgage to people on benefits because they are not being allowed to use money from their Universal Credit of State Pension pots.

This means that they have a very limited choice which can make it much harder to get on the housing ladder.

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