disability benefits and profit from home sale

Patb_2

Hi all, I have progressive MS and on DLA, IB and Income support. Have just sold my shared ownership flat and am moving into sheltered housing - rented.

I've got over £6k savings and will make about £16k. I'm spending money on 'improving my new home' - new furniture etc and a mobility scooter. Also of course I have moving expenses and solicitors' fees etc.

Am I right in thinking that housing benefit threshold in £10k savings, and other benefits £16k (with sliding scale over £6k)?

What else am I allowed to spend the money on? Is it only 'improving new home'?

Many thanks for any advice. DAFT situation of having too much money. 1st time in my life...and no doubt the last!!!

Pat :rolleyes:

sunnyone

Patb wrote: »

Hi all, I have progressive MS and on DLA, IB and Income support. Have just sold my shared ownership flat and am moving into sheltered housing - rented.

I've got over £6k savings and will make about £16k. I'm spending money on 'improving my new home' - new furniture etc and a mobility scooter. Also of course I have moving expenses and solicitors' fees etc.

Am I right in thinking that housing benefit threshold in £10k savings, and other benefits £16k (with sliding scale over £6k)?

What else am I allowed to spend the money on? Is it only 'improving new home'?

Many thanks for any advice. DAFT situation of having too much money. 1st time in my life...and no doubt the last!!!

Pat :rolleyes:

Why on earth do you want to spend the money after you have spent what you need too.

NASA_2

There is no definitive answer to that question which I presume you knew before asking.

Its up to a decision maker to decide whether you have depreived yourself of capital in order to get benefit (Or more benefit). They will do so on the balance of probabilities.