Capital you can have to be entitled to Housing Benefit
If you have savings and capital above £16,000 you will not be entitled to Housing Benefit, unless you are of pension age and receive the guarantee element of pension credit.
Working age
If you are of working age, you can have up to £6,000 in capital or savings and this will not affect your award of Housing Benefit.
Any capital or savings you have worth between £6,000 and £16,000 will attract a deduction of £1 per week for every £250.
Pension age
If you are of pension age, you can have up to £10,000 in capital or savings and this will not affect your award of Housing Benefit.
Any capital or savings you have worth between £10,000 and £16,000 will attract a deduction from your Housing Benefit of £1 per week for every £500.