If I sell my house how will my UC be affected?

geriann

i get the disabled/support rate of Universal Credit.
If i sell my home & move in with my elderly parents what happens to my UC?
Would PIP be affected?

If I sold my house I'd obviously get a chunk of money that would be over the £16,000 savings limit of UC. So would my UC stop immediately?
That house money would either be used at some point to buy a more suitable (for my disabilities) home for me or just stay in my bank. Either way that money would not last forever, so at some point I'd end up with below the £16,000 UC savings limit. Would it be a simply process to re-start my UC?

I would not be paying rent/etc to my parents.
My parents own their home & live on just their pensions.
(I think my father would qualify for Attendance Allowance, but he's never tried to get PIP or AA)
I'm guessing their pensions & possible AA would not be affected?

marcia_

geriann said:

i get the disabled/support rate of Universal Credit.
If i sell my home & move in with my elderly parents what happens to my UC?
Would PIP be affected?

If I sold my house I'd obviously get a chunk of money that would be over the £16,000 savings limit of UC. So would my UC stop immediately?
That house money would either be used at some point to buy a more suitable (for my disabilities) home for me or just stay in my bank. Either way that money would not last forever, so at some point I'd end up with below the £16,000 UC savings limit. Would it be a simply process to re-start my UC?

I would not be paying rent/etc to my parents.
My parents own their home & live on just their pensions.
(I think my father would qualify for Attendance Allowance, but he's never tried to get PIP or AA)
I'm guessing their pensions & possible AA would not be affected?

 Yes your entitlement to UC will end immediately and Pip is not affected. 

Keep_pedalling

You moving in with them would not affect their pensions or stop your father from applying for AA.

Spoonie_Turtle

[Just saying for the sake of completeness, IF you were to be looking for another place to live, you might be able to have the money from the sale of your house disregarded for a while or until you buy somewhere.  But you'd have to be intending to buy ASAP rather than 'at some point'.]

To retain your LCWRA status you can claim NI credits through ESA (even if you're not entitled to payments of ESA) which would help towards your state pension and man you wouldn't necessarily have to go through a WCA again upon reclaiming UC.  If you do this, you need to open the ESA credits claim before your UC ends so there's no break, otherwise you would need another WCA.

Muttleythefrog

"That house money would either be used at some point to buy a more suitable (for my disabilities) home for me or just stay in my bank. "

If you sell your home with intention to spend the proceeds on another then you have the possibility of getting the money (capital) disregarded by a UC Decision Maker for 6 months (or longer in some circumstances such as if waiting to complete on a purchase). However it's unclear if this is your intention or just an option and UC may require evidence to show you are seriously intending to buy a suitable property.

PIP unaffected... UC yes would normally stop if you are above £16k in capital.

peteuk

As others have said your UC will stop at the AP of you declaring over £16K, your PIP is not means tested so therefore will not be affected. 

As your parents live off their pensions I will assume they are 70+ which would make you 40-50 yrs old.  Yes you would be expected to live off your PIP and the money you gain from the sale of the house, once below £16K in capital you can claim for UC i you are under the state retirement age.  You would have to reapply and then go through the whole application process, it isn’t just that they reinstate your previous UC.

Without being morbid, at some point your parents will pass (mine have at the ages or 72and 89) So there will be a house to inherit. Again this will impact your UC in the future.