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UC, inheritance and shared ownership staircasing question

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23 hours 27 minutes ago #313486 by Bellis 2809
I am likely to receive a lump sum from my late mother's estate later this year. I estimate this will be something in the order of £80000. I have a shared ownership flat, with a 30% share. If I use some of this windfall to pay off my existing mortgage (£18k) would I be able to spend the rest of it on staircasing to 50% (which will be around £60k) without it being considered deliberate deprivation of funds? I am in my 50s, single, disabled and cannot work, if that makes a difference.

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3 hours 3 minutes ago #313495 by BIS
Hi Bellis 2809

I'm afraid that your question is outside the scope of the forum and you need to speak to a specialist welfare advisor.
advicelocal.uk/

BIS

Nothing on this board constitutes legal advice - always consult a professional about specific problems

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