Money Wise

Approximately £5.5 billion goes unclaimed in benefits every year and benefits for older people make up a large portion of this. In 2020/21 so far, MoneyWise advisors have helped to gain Anchor residents over £3 million in benefit income. 

MoneyWise is available for all Anchor residents and applicants. Whether you rent or own your home with us, we could help you increase your income with a short eligibility check. 

We have a team of advisors who can:

• carry out eligibility checks for means tested benefits, advising you on the steps to make a claim
• discuss difficulties with health and disability and assist you to complete any disability benefit claim forms
• help you resolve tricky or complex benefit queries
• offer reassurance to customers that they’re claiming all they’re entitled to.

How we've helped other people

Here is an example of how MoneyWise supported a couple applying for an Anchor tenancy to show the advice and support available through the service. 

Mr and Mrs A viewed an Anchor property and were keen to move but their home had not yet sold, and they were not sure they could afford the move. One of our MoneyWise advisors discussed their options and carried out an eligibility check for benefits. The advisor identified that they would be entitled to an additional £379 per week and this meant that they could afford to take on a tenancy in a property better suited to their needs, whilst waiting for their home to be sold. 

The couple told our advisor:  

Your help to us will be life changing for us in the years we have left, and we cannot express enough our most sincere thanks.

If you are thinking of applying for a property with Anchor or already live in one of our properties and would like to check your entitlements, contact MoneyWise and discuss this. The impact of this conversation could be life changing. 

For more free information see our related guides and support pages on managing your finances and benefit basics below.