UC capital disregard - secretary of state appeals etc

huckster

Why does your Aunt not get some financial advice, to see if she can obtain some form of loan to buy you out of your 25% share in the property?

If your family were aware that you could be losing out on benefits at £xxxx per month, presumably this would be a lot more than any interest your Aunt would pay in interest on a loan?

Why should you shoulder all of the problems in this situation due to being left a property share in a will?

Asking for an extension to the capital disregard might appear to be the easiest solution, but a DWP Decision Maker might only extend the overall disregard period to 12 months.

Sometimes these mixed business and private premises in villages can take years to sell, particularly if the seller is asking an unrealistic amount.

A Decision Maker would want to see evidence that all avenues of obtaining your 25% equity had been looked into. If your Aunt does not look into loans available to buy you out, you could say that you will look for a private investment buyer for your 25% equity and this would cause difficulties with the families plans for the property. Not sure any private investment buyer would be interested, but it depends on the property and location.

born_again

https://forums.moneysavingexpert.com/discussion/comment/81885058#Comment_81885058

TBH, while it may cause some family upset.

What sort of figure are you looking at?

You need to tell them that they have a max of 6 months to sort this out. No reason that between the 3 + Mother, that they can not finds the funds to buy you out.

Yamor

https://forums.moneysavingexpert.com/discussion/comment/81885197#Comment_81885197

Ok, so elderly relative living there won't help. :(