DSS pays interest on 832,000 pounds mortgage: Former business executive is paid an estimated pounds 1,833 a week in income support

The Department of Social Security is paying an estimated pounds 1,833 a week for mortgage interest to a businessman sacked from his pounds 400,000-a-year job. The sum is thought to be among the highest paid in income support.

Trevor Deaves was sacked as head of the MI insurance group two years ago, shortly after paying pounds 925,000 for Tree Top Farm, set in 60 acres at Haslemere, Surrey. His mortgage is for pounds 832,500.

Mr Deaves, 39, refused yesterday to give details of his relationship with the DSS. However, he defended the right of high earners to receive help because of the tax and national insurance contributions they made when employed.

'It depends whether people believe in the principle of the welfare state and the safety net. If one loses one's job, one is entitled to claim. How much depends on the rules. The biggest claimants are probably, at one point, the biggest contributors. I have been a high earner for a long time. Look how much tax and national insurance I was paying on a pounds 400,000 salary. There are those who say there should be an upper limit. I don't know what that should be, but it is something for the politicians to look at. They have decided there should not be a limit. I am not a wealthy person and I am not fiddling the system.'

Mr Deaves, whose personal worth was once estimated at pounds 15m, was a sponsor of theatre and opera in the 1980s. He is now unemployed. He said he was advised to apply for income support last summer by local DSS officers, who told him he was not the only one to have enjoyed a champagne lifestyle before falling on hard times. He had kept up the mortgage payment for more than two years before making a claim.

He faced an expensive divorce settlement and is now living with his second wife in a house in the grounds of Tree Top Farm, which he is trying to sell.

During the 1980s Mr Deaves owned two other houses in London and 20 cars, including Rolls-Royces, Ferraris and a Maserati. He said he was living on a bank overdraft after signing on for unemployment benefit. The most recent case involving high mortgage payments involved pounds 1,784 a week being paid to Peter Julien, an unemployed interior designer, in Hampstead, north London.

The department said yesterday mortgage interest was paid to 'help people keep a roof over their head when they have fallen on hard times'. It said there was no upper limit on payments.

'There are rules to ensure that people with very large mortgages receive full interest only if they could afford the mortgage when they took it on,' it added. Interest could be paid for up to a year if the recipient was trying to sell the house.

Start your day with The Independent, sign up for daily news emails
Life and Style
love + sex A new study has revealed the average size - but does that leave men outside the 'normal' range being thought of as 'abnormal'?
Arts and Entertainment
TV
Voices
The Palace of Westminster is falling down, according to John Bercow
voices..says Matthew Norman
Sport
Steve Bruce and Gus Poyet clash
football
Have you tried new the Independent Digital Edition apps?
ebooks
ebooksA special investigation by Andy McSmith
News
Graham Norton said Irish broadcaster RTE’s decision to settle was ‘moronic’
TV
Arts and Entertainment
Jake and Dinos Chapman were motivated by revenge to make 'Bring me the Head of Franco Toselli! '
arts + ents Shapero Modern Gallery to show explicit Chapman Brothers film
Arts and Entertainment
Kurt Cobain performing for 'MTV Unplugged' in New York, shortly before his death
music Brett Morgen's 'Cobain: Montage of Heck' debunks many of the myths surrounding the enigmatic singer
Life and Style
life
Sport
Brendan Rodgers
football The Liverpool manager will be the first option after Pep Guardiola
News
Amazon misled consumers about subscription fees, the ASA has ruled
news
Arts and Entertainment
Myanna Buring, Julian Rhind-Tutt and Russell Tovey in 'Banished'
TV Jimmy McGovern tackles 18th-century crime and punishment
Arts and Entertainment
Paul Whitehouse as Herbert
arts + ents
Latest stories from i100
Have you tried new the Independent Digital Edition apps?
Independent Dating
and  

By clicking 'Search' you
are agreeing to our
Terms of Use.

iJobs Job Widget
iJobs General

Recruitment Genius: Lettings and Sales Negotiator - OTE £46,000

£16000 - £46000 per annum: Recruitment Genius: This is an opportunity to join ...

Recruitment Genius: Home Care Worker - Reading and Surrounding Areas

£9 - £13 per hour: Recruitment Genius: This is a great opportunity to join a s...

Recruitment Genius: Key Sales Account Manager - OTE £35,000

£25000 - £35000 per annum: Recruitment Genius: Have you got a proven track rec...

Recruitment Genius: Sales Executive - OTE £40,000

£15000 - £18000 per annum: Recruitment Genius: This is a great opportunity for...

Day In a Page

Syrian conflict is the world's first 'climate change war', say scientists, but it won't be the last one

Climate change key in Syrian conflict

And it will trigger more war in future
How I outwitted the Gestapo

How I outwitted the Gestapo

My life as a Jew in wartime Berlin
The nation's favourite animal revealed

The nation's favourite animal revealed

Women like cuddly creatures whilst men like creepy-crawlies
Is this the way to get young people to vote?

Getting young people to vote

From #VOTESELFISH to Bite the Ballot
Poldark star Heida Reed: 'I don't think a single bodice gets ripped'

Poldark star Heida Reed

'I don't think a single bodice gets ripped'
The difference between America and Israel? There isn’t one

The difference between America and Israel? There isn’t one

Netanyahu knows he can get away with anything in America, says Robert Fisk
Families clubbing together to build their own affordable accommodation

Do It Yourself approach to securing a new house

Community land trusts marking a new trend for taking the initiative away from developers
Head of WWF UK: We didn’t send Cameron to the Arctic to see green ideas freeze

David Nussbaum: We didn’t send Cameron to the Arctic to see green ideas freeze

The head of WWF UK remains sanguine despite the Government’s failure to live up to its pledges on the environment
Author Kazuo Ishiguro on being inspired by shoot-outs and samurai

Author Kazuo Ishiguro on being inspired by shoot-outs and samurai

Set in a mythologised 5th-century Britain, ‘The Buried Giant’ is a strange beast
With money, corruption and drugs, this monk fears Buddhism in Thailand is a ‘poisoned fruit’

Money, corruption and drugs

The monk who fears Buddhism in Thailand is a ‘poisoned fruit’
America's first slavery museum established at Django Unchained plantation - 150 years after slavery outlawed

150 years after it was outlawed...

... America's first slavery museum is established in Louisiana
Kelly Clarkson: How I snubbed Simon Cowell and become a Grammy-winning superstar

Kelly Clarkson: How I snubbed Simon Cowell and become a Grammy-winning superstar

The first 'American Idol' winner on how she manages to remain her own woman – Jane Austen fascination and all
Tony Oursler on exploring our uneasy relationship with technology with his new show

You won't believe your eyes

Tony Oursler's new show explores our uneasy relationship with technology. He's one of a growing number of artists with that preoccupation
Ian Herbert: Peter Moores must go. He should never have been brought back to fail again

Moores must go. He should never have been brought back to fail again

The England coach leaves players to find solutions - which makes you wonder where he adds value, says Ian Herbert
War with Isis: Fears that the looming battle for Mosul will unleash 'a million refugees'

The battle for Mosul will unleash 'a million refugees'

Aid agencies prepare for vast exodus following planned Iraqi offensive against the Isis-held city, reports Patrick Cockburn