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ESA and house sale profits
babelfishtowel
Posts: 6 Forumite
Hi,
I am claiming sickness benefit (ESA) and due to a change of circumstance I am completing the form from the benefits office.
I had to sell my property last year due to threat of repossession. I sold my property end of June assuming that the money was protected as it was from a house sale.
I moved in with my partner who is renting.We'll be buying a house at the end of the year but I've been waiting until my credit report improves
before I do this.
Part 14 of the form asks for details of money from the sale of a home. As i have over 16,000 will this reduce or cancel my current esa benefits?
Also, will they be able to claim back money from me backdated to June Last year?
Thanks for reading,
I am claiming sickness benefit (ESA) and due to a change of circumstance I am completing the form from the benefits office.
I had to sell my property last year due to threat of repossession. I sold my property end of June assuming that the money was protected as it was from a house sale.
I moved in with my partner who is renting.We'll be buying a house at the end of the year but I've been waiting until my credit report improves
before I do this.
Part 14 of the form asks for details of money from the sale of a home. As i have over 16,000 will this reduce or cancel my current esa benefits?
Also, will they be able to claim back money from me backdated to June Last year?
Thanks for reading,
0
Comments
-
First of all, is your ESA contribution based or income based or contribution based with an income based 'top up'?
Is your partner working?
The money from the sale of a house can be disregarded for 26 wks or longer if circumstances warrant it.
If you are on contribution based ESA then your savings will not affect your claim.
Please answer the above questions.0 -
Hi,
It's contribution based and my partner is working (not married).
Thanks,0 -
Do you get housing benefit?0
-
No housing benefit, we rent privately looking to buy a house in January0
-
are you in the work related group or the support group?0
-
Support group0
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The proceeds of a sale of a former home are only disregarded for upto 26 weeks or longer if you have been actively attempting to purchase a property and claiming a benefit where the capital needs to be disregarded.
You have neither been actively attempting to purchase a property or claiming a benefit where the capital needs to be disregarded.
When you claim a means tested benefit your capital won't be disregarded.These are my own views and you should seek advice from your local Benefits Department or CAB.0
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