would like to move home but am on income support and DLA. I bought my studio flat from the council 9 years ago for £36,100 and would like to move to 1 bed flat nearer my parents. Is this ok with the government?Expect to sell old flat for around 135/140k and by new flat for around 130/135k so that I have money for legal fees.
My parents gave me the money to buy the flat and if I sell it I will have made a lot of money before I then spend it on a new flat. The government does not let people living off benefits have large sums of money in their bank accounts.Is there any provision for this while you are buying and selling? Also how much savings is a disabled person living soully on benefits allowed to have before it affects their benefits? Is there an amount of time that is exempt while buying and selling?Will there be an investigation by the benefits official and/or forms to fill out? Do I need to declare anything or contact officials about this? I do not know the law regarding these factors.
Hi thanks for info. could you tell me how much savings a disabled person is allowed to have ordinarily before it affects benefits as I may have some money left over from moving flat. Also, would it be ok to move slightly out of Edinburgh eg Musselburgh?
Much appreciate the help, Lesley.
so do you know how much before it affects income support please?
many thanks you have been most helpful!!!