owning a home and jobseeker alowance

orlosx

If I'm not working and apply for jobseeker Ben or alowance,social welfare will count my house as a inwestment?.let say its worth 100000e. I know that they just counting,bank accounts,partner income,savings,renting other property,etc?
It does matter what rate I will receive?
Thx

Dogwatch

Moved from Expand Your Horizons.

Cushie Butterfield

Jobseeker's Benefit isn't means tested

If you are living in the property it wouldn't affect your jobseeker's claim (either JSB or JSA).

For Jobseeker's Allowance, which is means tested, if you had an additional property (holiday home/investment property it would be assessed as capital, as would any rental income that you receive from it. Similarly, if for instance you own a property but for some reason you're renting & living in another, the property that you own would also count as means for JSA.

orlosx

Thank you for an answer
What if Im own house in ballbrigan for example,renting for 800e for someone but living in rented property in dublin for 1000e

BelleOfTheBall

All jokes aside if u had a mobile home in brittas bay as example and ur owned the site no site fees and u bought the static mobile home.woukd the site be seen as capital investment. Against the job seekers. There would b no rental off this because of rules and insurance etc

DanDublin1982

orlosx wrote: »

Thank you for an answer
What if Im own house in ballbrigan for example,renting for 800e for someone but living in rented property in dublin for 1000e

If youre on a means assessed scheme It will depend on whether or not there is equity in the property.

DanDublin1982

BelleOfTheBall wrote: »

All jokes aside if u had a mobile home in brittas bay as example and ur owned the site no site fees and u bought the static mobile home.woukd the site be seen as capital investment. Against the job seekers. There would b no rental off this because of rules and insurance etc

Its a saleable asset, so yes.

orlosx

DanDublin1982 wrote: »

Its a saleable asset, so yes.

It mean that the gonna take this rent as extra income?yes?
I just want make it clear

DanDublin1982

orlosx wrote: »

It mean that the gonna take this rent as extra income?yes?
I just want make it clear

For job seekers the rent doesn't come into it. Its the value of the property over whatever mortgage may be owed on it.

orlosx

DanDublin1982 wrote: »

For job seekers the rent doesn't come into it. Its the value of the property over whatever mortgage may be owed on it.

I don't. Understand apology

DanDublin1982

orlosx wrote: »

I don't. Understand apology

Let's say your house is worth 150,000 but you have 100,000 of a mortgage on it they will assess means of 50,000. If no mortgage they will assess means of 150,000.