# The Social Security Benefits Up-rating Order 2014, Schedule 17: OTHER AMOUNTS SPECIFIED IN THE UNIVERSAL CREDIT REGULATIONS


(1)
Provision in Universal Credit Regulations
(2)
Specified Amount
Schedule 4, paragraph 24(4)
The allocated amount is to be found by applying the formula—
( A B )xC
Schedule 4, paragraph 33
The amount of the renter’s housing costs element is to be calculated by reference to the formula—
S−HCC
Schedule 4, paragraph 35(4)
Amount S is to be found by applying the formula—
( A B )xC
Schedule 4, paragraph 36(2)
The amount of the deduction is to be determined by the formula—
AxB
Schedule 4, paragraph 36(3)
The relevant percentage is 14% in the case of one excess bedroom.
Schedule 4, paragraph 36(4)
The relevant percentage is 25% in the case of two or more excess bedrooms.
Schedule 5, paragraph 10(2) Step 3
£200,000
Schedule 5, paragraph 10(2) Step 4
Apply the formula—
( AxSR ) 12
Schedule 5, paragraph 11(2) Step 2
£200,000
Schedule 5, paragraph 11(2) Step 3
Apply the formula—
( AxSR ) 12
Schedule 5, paragraph 12(1)
The standard rate is the average mortgage rate published by the Bank of England which has effect for the purposes of paragraph 12 of Schedule 3 to the Income Support (General) Regulations 1987. It is to be varied each time that sub-paragraph (3) applies such that the average mortgage rate published on the reference day then becomes the new standard rate in accordance with sub-paragraph (5).

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Source: https://www.legislation.gov.uk/ukdsi/2014/9780111108789/schedule/17 (the official version)
Page: https://openlegislation.uk/draft-social-security-benefits-up-rating-order-2014/schedule-17
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.