Owning property and rent allowance

H

hd83

Guest
I was hoping someone could help me . I have recently went from working 5 days to 2 days and my partner is out of work . Are we entitled to rent allowance if my partner owns a property ? The property was left to my partner but is not in use . It is not liveable at the moment and is only valued at 44,000 .
 
The second property will be assessed against you for the purposes of Rent Supplement.
It will be assessed on its capital value, which is the property value minus the amount of any mortgage on the property.

Once the capital value has been determined, it is assessed as follows (along with any other savings you may have):

Disregard first € 5,000 of capital value of property/savings
Assess next € 10,000 @ € 1 per € 1,000
Assess next € 25,000 @ € 2 per € 1,000
Assess remaining capital over € 40,000 @ € 4 per € 1,000.

The total is the amount of weekly means which will be assessed.

You will also have to meet the qualifying rules for Rent Supplement - more information here

http://www.welfare.ie/EN/Schemes/SupplementaryWelfareAllowance/Pages/RentSupplement.aspx
 
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