The period of disregard is either to the end of the AIP if there is an AIP or one year from the date of the payment whichever is the longer period or for one year from the date of receipt of the payment if no AIPapplies.
SPC Regs, Sch V, Part I, para 17
Money which a person gets to buy, repair or alter a home The law
Money which a person gets, or which is deposited in a person’s name, is disregarded for the period above if it is for the sole purpose of
1. buying premises which the person intends to occupy as the home or
2. paying for essential repairs or alterations to the premises
2.1 occupied as the home or
2.2 intended to be occupied as the home.
Sch V, Part I para 19
Essential repairs or alterations are those which are needed to make the home fit to live in by the claimant, or the claimant’s partner. For example, it is essential to repair the roof to make the home fit to live in if the roof is letting in water.
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