Mortgage application include benefits?

Eranu · 7 August 2009 at 9:19PM

My partner and I are considering moving house but my partner is currently unemployed and claiming JSA.

My question is will the mortgage provider consider benefits such as JSA and Tax Credits as part of our annual income?

opinions4u · 7 August 2009 at 9:21PM

Some will, some won't.

Some will take certain benefits and exclude others.

I'd suggest you see a whole of market broker to establish the best way forwards.

_Andy_ · 7 August 2009 at 9:24PM

JSA won't, tax credits may be depending on lender. Is it really a great time to be moving house if your partner isn't working?

Mrs_Bumble · 7 August 2009 at 9:32PM

Wait until your situation is more stable.

Bloo_Loo · 8 August 2009 at 5:50PM

is this for a bigger house?
do you already have a mortgage?

Middy123 · 8 August 2009 at 6:00PM

HSBC allowed us to take into account child benefit and child tax credit but I had to provide evidence greater than just a bank statement to prove we were getting that amount.

Mrs_Bumble · 8 August 2009 at 8:26PM

JSA is not a guaranteed benefit. It isn't like child tax credit or child benefit. Again wait until your situation improves.

Mortgage application include benefits?

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