Changes in I&E

kezza90

Hello all, I just wondered if many of you have experience of changes in ur income and expenditure? When i did my SOA i had £9 spare so havent been told i'm getting an IPA, I had an increase in wage of £27 in Dec, so still no IPA.

Do the OR expect ur expenses will change, should I notify them of each expense?

My mort has just decreased by 90 quid, but I need to get some kind of payment protection as if i only get paid one months sick from work, will the OR allow this?

I really dont want an IPA for the next 3 years for the sake of a few pounds, its so typical, any other time i'd be glad of the decrease!!

Any advice would be appreciated xx

LOUISE22_2

I would tell the OR about the increase in available monies, I dont think they will probably take it though, as the can only take up to 70% of it so thats not much, but even if they do, your not any worse off as you still have the same amount as before if you know what I mean. x

philnicandamy

as long as you fall under the magic £99 surplus per month after all your payments/food etc etc have gone out NO IPA can be set up...you do need to tell the OR about any financial changes in circumstance while still BR though..