Pension Credit bank a/c 15 January at 6:33PM in Pensions, annuities & retirement planning 2 replies 98 views

lesley01326

I sold my house last year. I am buying another one soon. I may have more than £10,000 left. I am disabled and need to buy a mobility scooter and a shed to keep it in, I also need lots of dental work and cannot get a NHS dentist. May I pay my children to help me move?

lesley01326

Are there any other purchases that would be allowed please?

Alice_Holt

There is not a £10k savings threshold cut off limit for Pension Credit, so you may be worrying unnecessarily.
Look at this:
https://www.ageuk.org.uk/globalassets/age-uk/documents/factsheets/fs48_pension_credit_fcs.pdf

(See page 15)


Are you currently continuing your claim whilst relying on this disregard?

https://www.gov.uk/government/publications/pension-credit-technical-guidance/a-detailed-guide-to-pension-credit-for-advisers-and-others#capital-disregards

"Money can be disregarded for 6 months(or more), if it is:

• Proceeds of the sale of your home, to be used to buy a new home"

Your list of expenditure looks reasonable to me, I would not think a DWP decision maker would consider it as deprivation of capital.

Are you claiming a disability benefit (such as AA)?