i understand from the regs if a fixed term investment cannot be realised at all no way no how, then capital can be disregarded ,though if there is anyway at all of realising the asset or using it as security against a loan only an interim payment can be made to allow time for the capital to be released.
1. is this interim payment therefore recoverable as an overpayment once the capital comes through? ( i know "normal" interim payments produce an overpayment).
2. if the fixed term is for a year,and is the sort that can't be realised at all at all, and the claimant has the opportunity to re-invest it, will hb allow the capital to be disregarded again? i would have thought that was unlikely but need to check. THANKS