Need to sign on with family ,what would we be entitled to?

krisskross

looby75 wrote: »

but even a re mortgage would take weeks to come through. I'm not saying that the tax payers should pay indefinitely just so the OP can keep their properties for the future but it does seem very harsh that they have done everything they can to take as little as possible in the way of benefits for years and now they need a bit of help, short term, there is none there for them.

I don't know what the answer is, I'm just thinking out loud really (sorry OP that doesn't help your situation any)

Sorry looby but they have THREE properties. One of which is owned outright. I honestly cannot see how they could be entitled to anything from the taxpayer a lot of whom would love to own just the one property.

starlet10

If the OP needs money in a hurry in the short term, either use a credit card, arrange a temporary overdraft, or borrow some from family or friends. Or maybe try selling something at a car boot sale or on ebay? Anyway, that's what I would try first if I was suddenly desperate for money to survive on a day to day basis.

For a long term answer, I would think about liquidising the money in any properties that I own, either be re-mortgaging, downsizing or selling.

Good luck!

PasturesNew

If the properties are being run correctly (and from the bit above it sounds like it [accountant/tax/ni]), then the husband is self-employed, his company is property rentals.

So might this not separate out so that the properties aren't "theirs" on the form, but are actually the "tools of the trade" for his profession?

And, if so, would it not be possible to apply for whatever benefits on the basis that he is self-employed, currently earning an income of £0 from his efforts? And, if so, would there be any mileage in that?

Certainly there'd be no housing benefit due on anything. But maybe CT on their actual home? Plus IS?

Would they see the property as "his personal items"?
Would they require somebody with a house/equity in their own home to sell it, especially in the short term?

Could get quite complex depending which way you try to cut the cake and what the cake cutting rules are for each way of looking at it.