Assessing property as means

[max]

Does anybody know what formula the DSP use in calculating the value of property in the means test for social welfare payments?

The link here http://www.welfare.ie/EN/OperationalGuidelines/Pages/meansassess.aspx#sect1 unfortunately is not working at the moment.

There is about e25k of excess, mkt value over mortgage outstanding.

 

[WindUp]

is it the person's home? - I dont think this is included in means

http://www.citizensinformation.ie/e...from_capital_for_social_welfare_payments.html

 

[max]

Not home, living at different address. This is definitely regarded as capital for the means test.

 

[WindUp]

google "Operational Guidelines means assessment"

open a cached copy ---this will work even if the site is down

 

[ClaireM]

The amount assessed for capital is not the same for every payment.