I am seeking some advice for my parents, both in their 80’s and recipients of the non contributory pension ( my Father was self employed until he was 50)
They live in a large old house that needs repair and high maintenance.
They have a small site which somebody is interested in buying.
The site is part of their property.
If they sell the site, will they lose their pension?
Also,if they proceed, they will almost inevitably give me a small cash gift and I am in receipt of the non contributory widows pension. Will this effect same?
Thank you for your time.
They live in a large old house that needs repair and high maintenance.
They have a small site which somebody is interested in buying.
The site is part of their property.
If they sell the site, will they lose their pension?
Also,if they proceed, they will almost inevitably give me a small cash gift and I am in receipt of the non contributory widows pension. Will this effect same?
Thank you for your time.