What happens if I leave or sell my home?


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If you are living in accommodation that no longer suits you, you may be able to sell your house and move to more suitable accommodation without affecting your payment.
If you sell your house to move to more suitable accommodation, we may disregard up to €190,500 of the proceeds of the sale when assessing your means in certain cases.
Where you are living in premises, part of which is a business and part of which is used for accommodation, we only disregard the proceeds of the part of the premises used for accommodation.

The exemption only applies if you sell your home and either:
  • buy other accommodation,
  • rent other accommodation, or,
  • move into a private nursing home which is registered under the Health (Nursing Homes) Act, 1990.

What happens if you buy more suitable accommodation?

If you buy more suitable accommodation, we disregard the balance after buying the new accommodation, up to a limit of €190,500.

Example 1
If you sell your house for €165,000.00 and buy other accommodation for €139,000.00, the balance of €26,000.00 is not counted as means as it is less than the disregard limit of €190,500

What happens if I move into a private nursing home?

If you sell your house and move into a private nursing home (registered under the Health (Nursing Homes) Act 1990), we disregard the proceeds of the sale of your house, up to a limit of €190,500.
 
Example 2
If you sell your house for €250,000.00 and move into a private nursing home, €190,500 of the €250,000.00 is not counted as means as it is less than the disregard limit of €190,500.
Last modified:30/01/2013
 

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