Info rant

alwaysonthego_2

Notebook wrote: »

Whats ctb?

also
How do I ask the DWP?

So if I go ahead - when I go ahead - what will happen to me?

CTB- council tax benefits

You should inform them of your intentions by writing (recorded delivery) and ask them whether they view it has deprivation of capital.

If you go ahead they will still treat you as having the money.

healy

CTB = Council Tax Benefit.

Notebook

alwaysonthego wrote: »

CTB- council tax benefits

You should inform them of your intentions by writing (recorded delivery) and ask them whether they view it has deprivation of capital.

If you go ahead they will still treat you as having the money.

So that means I would have to pay my council tax even if I had no dosh
How long could / would this go on?
At what point am I being treated incorrectly?
What rights do I have?

Thanks to all for the help so far

septemberblues

Notebook wrote: »

So that means I would have to pay my council tax even if I had no dosh
How long could / would this go on?
At what point am I being treated incorrectly?
What rights do I have?

Thanks to all for the help so far

I think if you pay off your debts and mortgage the DWP will consider that you should not have done so, you should be using that money to live on whilst you are not working - £26k should last you maybe 5 years if you spend wisely. If you spend that money then you probably wouldn't get any help for 5 yearsish.

You have the right to spend that money on keeping you alive.

Seriously, why should you pay off debts and mortgage and then expect benefits to support you?

Bamber19

If you've been working all that time then your first 6 months JSA wouldn't take in to account your savings as it would be contributions based JSA.

Notebook

septemberblues wrote: »

I think if you pay off your debts and mortgage the DWP will consider that you should not have done so, you should be using that money to live on whilst you are not working - £26k should last you maybe 5 years if you spend wisely. If you spend that money then you probably wouldn't get any help for 5 yearsish.

You have the right to spend that money on keeping you alive.

Seriously, why should you pay off debts and mortgage and then expect benefits to support you?

Save me losing my house

Oldernotwiser

Notebook wrote: »

Save me losing my house

At our expense!

Notebook

Oldernotwiser wrote: »

At our expense!

No - by using my money - redundancy.
44 years of age and never claimed benefit before. If I buy the house out of my money, then the system will not have to pay my mortgage interest for me.
Please explain the "at our expense" as I am amazed

anmarj

If it is Pension Credit, then see below.


Notional capital
Notional capital is capital your customer doesn’t actually have but is treated
as having.
We may treat your customer as having notional capital if they got rid of capital
to get Pension Credit or more Pension Credit – for example, if they knew they had
too much money to get Pension Credit so gave some to a grandchild.
We will not treat your customer as having notional capital if they used capital to
repay or reduce a debt (for example, a mortgage) or to buy something which was
reasonable in the circumstances (for example, replacing a car might be considered
reasonable, buying a Rolls Royce is probably not).

Jowo_2

If you check the link in my message below, you will see that some people have successfully challenged being accused of deprivation of capital when they've paid down their mortgage. however, looks like this person was nearing retirement.

http://forums.moneysavingexpert.com/showthread.html?t=1916951