Housing Systems: Combating poverty and sustaining tenancies.
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Proceeds of property sale
Once the property is sold the money will be treated as capital and valued in the normal way. However there may still be some disregards applied.
For example, Schedule 10 (13) of the UC regulations says that capital  which is to be used to buy another property that the claimant intends to occupy as their home will be disregarded for 6 months
where it is
(a) attributable to the proceeds of the sale of premises formerly occupied by the person as their home; or
(b) has been deposited with a housing association ; or
(c) is a grant made to the person for the sole purpose of the purchase of a home,






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