UK Pension Credit Query


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My grandfather received a letter 5 years ago stating his 'Assessed Income Period' no longer has an end date and he does not have to inform of changes to savings, investments, pensions, income from equity release schemes unless he may get more pension credits.

He has just sold his house and moved into sheltered housing (not a care home) but I am unsure if he is still entitled to the 'Pension Credit Guarantee Credit' or if he needs to be assessed again. I think the proceeds from the sale would come under savings or income from equity release but have not been able to find the information on their website.

Any assistance appreciated.
 
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