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Moving back to UK from France
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stphnstevey wrote: »Thanks for all your replies
So if they bought a house in the UK with the proceeds from selling the house in France, would this be classed as an asset for assessment of benefits (eg pension credit and council tax benefit)?
Where does it state the maximum joint income the penrsion credit will make things up to?
They would be fine using money from the sale of a property to buy another property to live in (it would be a problem if they owned a property they did not live in and then wanted to claim housing benefit for another property although this should be permitted in the short term why they try to sell up, if they pass the HR test)0 -
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stphnstevey wrote: »Thanks for all your replies
So if they bought a house in the UK with the proceeds from selling the house in France, would this be classed as an asset for assessment of benefits (eg pension credit and council tax benefit)?
Where does it state the maximum joint income the penrsion credit will make things up to?
The house they live in will not be counted as an asset for Benefits purposes, only a house they don't live in.
For Pension Credit rates, see the extract from the link below.
http://www.pensionsadvisoryservice.org.uk/state-pensions/how-much-will-you-get
Pension Credit
The aim of Pension Credit is to give everyone aged 60 and over an income of at least:- £132.60 a week (single person); or
- £202.40 a week (two people living together).
Individuals over aged 65 may also be rewarded for their savings, by up to:- £20.52 a week (single person); or
- £27.09 a week (two people living together).
Click here to read more about Pension Credit.(AKA HRH_MUngo)
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