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Inheritance, property purchase & "deprivation of capital"
As I understand it, a means-tested benefit claimant is allowed to use inherited money to buy a single property to live in, and the purchase is not considered to be deprivation of capital.
My question…is there any limit to the size or type of property one can buy?
As a realistic example case:- if a 1 bedroom flat is considered sufficient for my needs, and I bought a 2 bedroom cottage with a garden, would this be seen as intentionally depriving myself of money?
Reason for asking - a relative is amending their will and we want to decide whether I am to be named as a beneficiary (the relative's preferred option) or whether my parents will get “my” share of the money (which they would use to buy the property for me).
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