Sorry - I thought the link for CRAG was already in the thread https://www.gov.uk/government/uploa...hment_data/file/301250/CRAG_34_April_2014.pdf (warning big pdf file).
Disregarded indefinitely
Disregarded indefinitely
Tenancy in Common and day care
- Thread starter jimbosmith
- Start date
Thanks Jennifer and William.
Under the terms in that image I do not quaify as I am 38, so between the 16 and 60 age markers listed.
I don't think I explained properly. 
As long as your father is living in the marital home at the time of his wife's death, the property is disregarded completely. No ifs, ands, or buts. The other things are "or" statements. So, as an example, if you were living in the house, were over 60 and your father subsequently went into a home (before or after his wife's death) the house would still be disregarded.
As long as your father is living in the marital home at the time of his wife's death, the property is disregarded completely. No ifs, ands, or buts. The other things are "or" statements. So, as an example, if you were living in the house, were over 60 and your father subsequently went into a home (before or after his wife's death) the house would still be disregarded.I don't think I explained properly.
Thanks Jennifer. I am a pain
but I appreciate your help. You do sound up to speed on all of this. So a problem would arise if both mum and dad went into a care home at the same time?
Yes, if both your parents were in a home, then the homes is no longer considered to be a disregarded property. As the laws stands at the moment you could try to get a deferred payment agreement, as that is currently an interest free loan, payable after the death of both your parents. If you did this you could rent out the house to provide additional income and hope that property prices continue to rise. I say, as the law currently stands, because there have been proposals to make that "loan" incur interest, which would of course make this option less attractive.
Thanks Jennifer. I am a pain
So a problem would arise if both mum and dad went into a care home at the same time?
Hi jimbosmith,
Yes, a problem would arise if both your mum and dad went into a care home at the same time, " UNLESS " at least one of your parent's received CHC, and so long as you don't sell the family home, it is still classed as being occupied by the person receiving the CHC, and still disregarded.
