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what is taken as mortgage income

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  • matty2767
    matty2767 Posts: 442 Forumite
    Part of the Furniture Combo Breaker
    you say you have a sal of £15k yet gave up work when your child was born.


    would you expect the child tax credits to reduce when they find out you are receiving 7k in maintenance? i thought you only recevied the lowest payment once you earnt over £26k and you wont be far off that.
  • RubyShoes
    RubyShoes Posts: 240 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    That is incorrect. Tax credits do not take maintainance as income.

    The 11500 will probably include a large portion for childcare considering the age of her child.

    I had TC's as income for my mortgage, and they would have included maintainance had it been through a solicitor. That was with Halifax.
  • boggie40
    boggie40 Posts: 140 Forumite
    We have put forward a case for our lender to take into account the fact that we receive in excess of £1100 a month for adoption allowances.
    This is payable until our children leave school.
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