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When will inheriting part of Mum's property affect my benefits?

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  • Mardle
    Mardle Posts: 518 Forumite
    Tenth Anniversary 500 Posts Name Dropper
    The bit about trusts has me confused but maybe it was aimed at portly1 not me.

    I stand to inherit a third of Mum's bungalow which should just be enough to by a house for me & my daughter to live in so I'll have no need to claim housing benefit.

    After looking at the link provided by rogerblack it seems that because the property is already on the market it can be disregarded for 26 weeks or possibly longer. I hope that's right.

    This example seems to sort of cover the situation
    Example
    In March 2010 Simon’s father dies leaving him a house. Simon places the house on the market in August 2010. There is some interest in the house but due to ongoing work on a large civil engineering project close to the property, potential buyers are not making offers on the house due to the unknown effects that this project will have on the house. Simon’s estate agent advises him to take the house off the market until the situation regarding the civil engineering project is clear. In February 2011, the works are completed and there is no effect on the property so Simon decides to put the house back on the market on 20 February 2011. He makes a claim for JSA at the same time. The DM considers the circumstances and decides that due to the reason for the break in the marketing of the property for sale being exceptional and something over which the claimant had no control, the date from which the 26 week disregard period will be calculated will be the second attempt to sell the house, i.e. 20 February 2011.
  • rogerblack
    rogerblack Posts: 9,446 Forumite
    Mardle wrote: »
    The bit about trusts has me confused but maybe it was aimed at portly1 not me.

    I stand to inherit a third of Mum's bungalow which should just be enough to by a house for me & my daughter to live in so I'll have no need to claim housing benefit.

    After looking at the link provided by rogerblack it seems that because the property is already on the market it can be disregarded for 26 weeks or possibly longer. I hope that's right.

    This example seems to sort of cover the situation

    Indeed - sorry - it was primarily - I should have made that clear.
    Yes, properties on the market can be disregarded.
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