Get all your news in one place.
100's of premium titles.
One app.
Start reading
Manchester Evening News
Manchester Evening News
National
Rachel Pugh

UK banks issue payment ban for people on Universal Credit and State Pension

Brits on Universal Credit and State Pension have been warned about payment bans brought in by some banks.

Half of lenders are refusing to give people on benefits a mortgage, because they won't allow them to use money from their Universal Credit or State Pension pots.

This means they face limited choice and can make it harder to get on the housing ladder.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.