She had a house, partner had a house. She sold her house and moved in with the partner. The proceeds from the sale went into the partners house. The mortgage was cleared. The partner bought an investment property using the equity from the now joint home. All titles are in his name only (don't get me started on that one ).
The relationship broke down. She was injured at work and put on a disability pension. She will never be able to return to the work force.
She is now stuck. At the moment they are living in the joint house together but are separated. Ideally she would like him to sell it (he doesn't have the funds to buy her out without selling).
What would be the implications on her pension if the joint house sells? The investment property is nothing to do with her she hasn't contributed to it in any way. Presuming he does the right thing and gives her a proper share of her investment into the relationship and joint property?
Is there a set time period in which she would be able to buy herself a small unit or something before it impacts on her payments?
Its all very messy and she is choosing to stay in a horrible situation because its all too hard and she at least knows what very little money she has access to will still be there. I hate watching her feel so helpless.
I tried looking on the website but I couldnt find what I was looking for.
Re: Centrelink, property and relationship breakdowns.
she would need to speak to disability services to confirm for her specific circumstances, but as a general guide, if the primary residence is sold and funds disbursed to her AND she has an intention to buy another house, there may be an amount of time that the funds can be left in a bank account and not impact payments.
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Centrelink, property and relationship breakdowns.
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