# The Social Security Benefits Up-rating Order 2017, Schedule 17: OTHER AMOUNTS SPECIFIED IN THE UNIVERSAL CREDIT REGULATIONS


(1)
Provision in Universal Credit Regulations
(2)
Specified Amount
Regulation 34A(2) Step 2
Apply the formula—
( PA D )xAP
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/2017/9780111153116/schedule/17 (the official version)
Page: https://openlegislation.uk/draft-social-security-benefits-up-rating-order-2017/schedule-17
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.