Decision Makers Guide - DMG46003

Capital available on application

The decision maker should distinguish between capital

1) already owned by applicants which they must apply for in order to realise it, for example

• money held by their solicitor (DMG41026) or

• money held in trust, to which they are fully entitled, but can only be realised by applying to the trustees (DMG47056)2 or

• Premium Bonds or

• National Savings Certificates or

• money held by the Registrar of a County Court which will be released on application and

2) not owned by applicant's, but which becomes theirs if they apply for it, for example

• an unclaimed Premium Bond win or

• the promise of a gift or

• unclaimed lottery winnings.

3) money which the person

• has paid under the terms of a contract and

• can get back if the terms of the contract lets them or the law specifically allows them to get their money back

such as an agreement for credit under which people have paid a deposit and they can withdraw from the agreement within a certain period of time and get their money back.