Amount of interest in dwellings to be disregarded
This section has no associated Explanatory Memorandum
39.—(1) Subject to paragraph (2), in calculating the disposable capital of the individual, the value (after the application of regulations 37 and 38) of the individual’s interest (if any) in the main or only dwelling in which the individual resides must be disregarded.
(2) The total amount to be disregarded under this regulation must not exceed £100,000.