My partner who is on JSA has recently inherited a house, in which we have been living for the last few years. We desperately want to move for a number of reasons, including being close to my parents, one of whom has a long term illness.
We could just about manage it if we sold this house to buy in that area. Another option may be to buy a site and build. If he sold this house to buy another, how would his JSA be affected? Is there any sort of grace period between selling and buying before the money is counted as means?
An alternative is to rent out this house, and rent somewhere in the area we want to move to. However, with rents the way they are, most - if not all - of the rent this house would generate would be spent on renting somewhere else. Would the property be assessed as means if this was done? I know that is the case if someone owns a second property, but would it be the same in this case?
If so, would it be possible for my partner to become a sole trader to let out the property, and do so under the Back to Work Enterprise Allowance?
A further part of our hopes to move is that the area where my family is has better employment opportunities, and my partner hopes to get off JSA when we move. At the moment though, we have nothing but the house we are in, so don't want to lose that safety net while we transition.
We could just about manage it if we sold this house to buy in that area. Another option may be to buy a site and build. If he sold this house to buy another, how would his JSA be affected? Is there any sort of grace period between selling and buying before the money is counted as means?
An alternative is to rent out this house, and rent somewhere in the area we want to move to. However, with rents the way they are, most - if not all - of the rent this house would generate would be spent on renting somewhere else. Would the property be assessed as means if this was done? I know that is the case if someone owns a second property, but would it be the same in this case?
If so, would it be possible for my partner to become a sole trader to let out the property, and do so under the Back to Work Enterprise Allowance?
A further part of our hopes to move is that the area where my family is has better employment opportunities, and my partner hopes to get off JSA when we move. At the moment though, we have nothing but the house we are in, so don't want to lose that safety net while we transition.