Housing Benefit Assessor, Penwith District Council Member since 29th Mar 2004
RE: Capital Assessment of Former Home Thu 17-May-07 11:12 AM
Assuming they do not have "passported" entitlement and the value of the property cannot be disregarded; for Hb and Ctb La's are required to have the property (or the claimants interest) valued.
We do this using a form (La1, held by the La) where the details are gathered before a request for a valuation is made.
Any valuation should take account of the availability or sellability of any capital asset.
Note: some conveyances and all first dispositions of land since 1997 (Land Registration Rules) must have a declaration on the Land Registration forms as to the intention of the parties whether to take the beneficial interest as joint tenants or tenants in common.
For HB/CTB/IS the position is confirmed in Secretary of State for the DWP v Hourigan (CA) 2003.