benefits entitlement complicated

sonianorman38

Hi i just posted on another thread. don't know if anyone can help. i am recently single with 2 kids. own our own home and do not work due to disability. I also own with hubby an investment property that is in negative equity by £20k. CAB think i won't be entitled to any benefits cos i have an investment even though at a loss. I can't sell cos neither i nor ex have £20k can't get my name taken off, mort company won't let me cos its in negative equity. What do i do to feed and house my kids?

bryanb

If disabled, DLA is not means tested.
Stop paying the mortgage, then the lender will repo and sell.
Feed kids with maintenance payments from hubby.
Then you'll have 10k debt and be entitled to benefits.

sonianorman38

I know but £400 won't feed and house the kids. thats all i get for dla

Sam____2

then why not sell the house your in and move into the "investment" property?

bryanb

sonianorman38 wrote: »

I know but £400 won't feed and house the kids. thats all i get for dla

I've added a bit to my post above.

Sam____2

sonianorman38 wrote: »

I know but £400 won't feed and house the kids. thats all i get for dla

yes, but with 2 kids you'll also be getting child benefit, child tax credits and maintenence from the ex, much more than £400 per month

sonianorman38

I can't get any benefits according to cab. My mort is 1200 a month we took it out before i got ill. we can't sell as no money in house and other property is 150 miles away. I'm not after sympathy i just need to know wther investment property would stop me getting benefits or not as i don't seem to be able to get sensible answer

dmg24

Do you not have tenants in the investment property? Are they covering that mortgage?

sonianorman38

Hi yes and yes

cassieB57

if you can show that the property is in negative equity then you could be entitled to either income Support (if at least 1 child is under 7yrs) or JSA if not. Though other property is treated as capital, the value is worked out by deducting any loan secured against it, so you may have a case. Also (rent) income from 'capital' is treated as capital not 'income' so again you could be entitled. The only way to be sure is make a claim and let the Decision Maker decide.

Duncombe

cassieB57 wrote: »

(if at least 1 child is under 7yrs)

Soon changing to 5yrs