Property sale and financial assessment history

Discussion in 'Legal and financial issues' started by static_park_home_owner, Dec 20, 2017.

  1. static_park_home_owner

    Dec 20, 2017
    1
    #1 static_park_home_owner, Dec 20, 2017
    Last edited: Dec 20, 2017
    Hi
    Does anyone know how far back Dorset County Council can look on bank statements when doing their financial assessments? IE how many bank statements do we need to keep? It looks like their forms ask only for the current and previous 2 statements, so only 3 months worth.

    Having sold a relative's property to fund care home fees, when that property sale money runs out less the £23450, can Dorset County Council request the property sale price when doing their financial assessments?
    The property is a static park home or mobile home and doesn't show on land registry.
    Thanks
     
  2. nitram

    nitram Registered User

    Apr 6, 2011
    19,495
    Male
    North Manchester
  3. Kevinl

    Kevinl Registered User

    Aug 24, 2013
    4,776
    Salford
    Hi madhouse. welcome to TP
    In theory they can go back as far as they like and if anything makes them suspicious they will do that. I don't know what triggers it but a friend had quite a job to prove that his mum, although looking quite well off was actually quite cash poor.
    The LA will almost certainly ask about the sale price of the house, not that they need to it will be on the Land Registry website for all to see, if it seemed unusually low then they may well question it, selling the house off cheap to a relative or friend does happen as a way of avoiding care costs, not that I'm implying you're going to do that but some people do try it on.
    K
     
  4. mrjelly

    mrjelly Registered User

    Jul 23, 2012
    315
    West Sussex
    Hi there madhouse. I think nitram and Kevin have given you some good advice.

    I guess you added the bit about the home not appearing on the Land Registry in your later edit, after they brought it up. Not a big issue, but it makes the sequence clearer if you use the "post reply" button in this kind of discussion in future.
     
  5. 1mindy

    1mindy Registered User

    Jul 21, 2015
    539
    Female
    Shropshire
    I just gave three months bank statements . Put no financial details on the form as it was clear from the statements . Just got a letter back re how much the council would pay and that was it . Had they asked for any more info it would have been fine but they didn't .
     

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