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depravation of capital
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Make sure theres been a financial settlement first, because if there hasn’t theres nothing stop her ex coming for half the house after youd paid it off….gasvalve said:If I paid off my divorced daughter’s mortgage, approximately £55,000, would it affect her Universal Credit and would she have to inform DWP of the fact that her mortgage has been paid off.Proud to have dealt with our debtsStarting debt 2005 £65.7K.
Current debt ZERO.DEBT FREE6 -
There has been a financial settlement and the house is in my daughters name.0
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She will have to inform DWP that she no longer has mortgage payments in case she is receiving help towards mortgage interest currently. Obviously if the mortgage is paid in full, anything she is currently receiving from DWP towards the mortgage payments would stop.0
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