Selling property

hello I need a bit of help/advice I’m in receipt of esa which I know is means tested,I’m in the process of selling my property and at present I can’t find anything within price range,so my dilemma is if I don’t find a property before I sell mine and have well over the savings limit will the dwp just stop my esa or would I get a bit of time to find a property or would I have to apply for u/c? The money I get from my sale I’ll be looking for something like for like price wise so I wouldn’t be over the savings limit it’s just it could take a couple of months after my sale goes through. But I would end up having to rent until I find a property as I would need an address for dwp.
Many thanks.
Comments
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There is usually a 6 month disregard in those circumstances, and if it takes longer you can ask for that to be extended, and a Decision Maker would look at the request.
I've nothing to add to the excellent advice given to you last year by calcotti
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hello Kimmy87 thanks for you’re quick response. So within the 6 month disregard will my esa still be paid as normal? When I moved last time I informed the dwp and was asked to provide my latest bank statement which I did I was well under the limit so nothing more was asked of me. So as above I will still inform the dwp will they just as for relavent bank statements?
also what if I have no fixed address until I find a new property will that affect anything.it could be possible I could be sofa surfing. Thanks.0 -
Hi @wheeler1970 how are things? Did you get this sorted in the end?
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hi It’s now likely that I won’t have bought a property at the same time as me selling the one I’m in,so I’m still a bit confused as to what I need to do and what will happen re:DWP obviously I’ll inform them that I have a certain amount of money in bank from the sale and I’m looking for another property,the previous reply stated I would be given 6 mths disregard so does that mean I will still get my esa in the mean time?
ps I’ll be sofa surfing until I get a property so I’ll assume I’ll need to tell DWP were in staying?Thanks.
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hi It’s now likely that I won’t have bought a property at the same time as me selling the one I’m in,so I’m still a bit confused as to what I need to do and what will happen re:DWP obviously I’ll inform them that I have a certain amount of money in bank from the sale and I’m looking for another property,the previous reply stated I would be given 6 mths disregard so does that mean I will still get my esa in the mean time?
ps I’ll be sofa surfing until I get a property so I’ll assume I’ll need to tell DWP were in staying?Thanks
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