# The State Pension Credit Regulations 2002, Regulation 19: Calculation of capital in the United Kingdom


Capital which a claimant possesses in the United Kingdom shall be calculated at its current market or surrender value less—
(a) where there would be expenses attributable to sale, 10 per cent; and
(b) the amount of any encumbrance secured on it.

---
Source: https://www.legislation.gov.uk/uksi/2002/1792/regulation/19 (the official version)
Page: https://openlegislation.uk/state-pension-credit-regulations-2002/regulation-19
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.