My SOA in prep for OR, please comment

MicheH

Thanks guys, it's all there, all our outgoings I just want your opinions if I am not allowed to claim certain things.. thanks

Household Information[/b]
Number of adults in household........... 2
Number of children in household......... 2
Number of cars owned.................... 1
Monthly Income Details

Monthly income after tax................ 0
Partners monthly income after tax....... 1400
Benefits................................ 210
Other income............................ 0
Total monthly income.................... 1610 DO I add child benefit??

Monthly Expense Details
Mortgage................................ 0
Secured/HP loan repayments.............. 0
Rent.................................... 450
Management charge (leasehold property).. 0
Council tax............................. 116
Electricity............................. 36
Gas..................................... 36
Oil..................................... 0
Water rates............................. 25
Telephone (land line)................... 11
Mobile phone............................ 40 2x mobile contracts 20 a month
TV Licence.............................. 12
Satellite/Cable TV...................... 0
Internet Services....................... 10 my course is online
Groceries etc. ......................... 400
Clothing................................ 80
Petrol/diesel........................... 90
Road tax................................ 17.9
Car Insurance........................... 41.4 including breakdown cover
Car maintenance (including MOT)......... 20
Car parking............................. 0
Other travel............................ 0
Childcare/nursery....................... 0
Other child related expenses............ 36.4 school meals and child milk
Medical (prescriptions, dentist etc).... 17
Pet insurance/vet bills................. 0
Buildings insurance..................... 0
Contents insurance...................... 10
Life assurance ......................... 20
Other insurance......................... 0
Presents (birthday, christmas etc)...... 10 christmas savings club
Haircuts................................ 20 10 for me and 5 each for the girls
Entertainment........................... 0
Holiday................................. 0
Emergency fund.......................... 0
Distance Learning Course for uni entry.. 40
Total monthly expenses.................. 1538.7

Assets
Cash.................................... 0
House value (Gross)..................... 0
Shares and bonds........................ 0
Car(s).................................. 0
Other assets............................ 0
Total Assets............................ 0

No Secured nor Hire Purchase Debts
Unsecured Debts
Description....................Debt......Monthly...APR
Total unsecured debts..........0.........0.........-

Monthly Budget Summary
Total monthly income.................... 1,610
Expenses (including HP & secured debts). 1,538.7
Available for debt repayments........... 71.3
Monthly UNsecured debt repayments....... 0
Amount left after debt repayments....... 71.3

MicheH

All quiet so I'm guessing my figures would be acceptable to OR.

philnicandamy

Give us a chance! :rolleyes::p

MicheH

Just cos I'm sat here glued I think every one else is, soz matey :P

philnicandamy

MicheH wrote: »

Thanks guys, it's all there, all our outgoings I just want your opinions if I am not allowed to claim certain things.. thanks

Household Information[/b]
Number of adults in household........... 2
Number of children in household......... 2
Number of cars owned.................... 1
Monthly Income Details

Monthly income after tax................ 0
Partners monthly income after tax....... 1400
Benefits................................ 210
Other income............................ 0
Total monthly income.................... 1610 DO I add child benefit?? Yep as I believe now its classed as an income

Monthly Expense Details
Mortgage................................ 0
Secured/HP loan repayments.............. 0
Rent.................................... 450
Management charge (leasehold property).. 0
Council tax............................. 116
Electricity............................. 36 this is low....allow for winter months as well
Gas..................................... 36 ditto....
Oil..................................... 0
Water rates............................. 25 Seems low...2 in our house & we paid more than that!
Telephone (land line)................... 11
Mobile phone............................ 40 2x mobile contracts 20 a month the receiver may ask why you have 2 contracts
TV Licence.............................. 12
Satellite/Cable TV...................... 0
Internet Services....................... 10 my course is online might have to provide some proof of that..
Groceries etc. ......................... 400
Clothing................................ 80
Petrol/diesel........................... 90 who owns the car? notice you listed it but not as an asset so i'm assuming its someone elses?
Road tax................................ 17.9 £18
Car Insurance........................... 41.4 including breakdown cover
Car maintenance (including MOT)......... 20
Car parking............................. 0
Other travel............................ 0
Childcare/nursery....................... 0
Other child related expenses............ 36.4 school meals and child milk
Medical (prescriptions, dentist etc).... 17
Pet insurance/vet bills................. 0
Buildings insurance..................... 0
Contents insurance...................... 10 Seems low...included accidental damage cover? something you'd need if you ever had to replace anything
Life assurance ......................... 20 Whats this for? the OR will take interest if its a life policy
Other insurance......................... 0
Presents (birthday, christmas etc)...... 10 christmas savings club Not allowed...sorry
Haircuts................................ 20 10 for me and 5 each for the girls
Entertainment........................... 0
Holiday................................. 0
Emergency fund.......................... 0
Distance Learning Course for uni entry.. 40
Total monthly expenses.................. 1538.7

Assets
Cash.................................... 0
House value (Gross)..................... 0
Shares and bonds........................ 0
Car(s).................................. 0
Other assets............................ 0
Total Assets............................ 0

No Secured nor Hire Purchase Debts
Unsecured Debts
Description....................Debt......Monthly...APR
Total unsecured debts..........0.........0.........-

Monthly Budget Summary
Total monthly income.................... 1,610
Expenses (including HP & secured debts). 1,538.7
Available for debt repayments........... 71.3
Monthly UNsecured debt repayments....... 0
Amount left after debt repayments....... 71.3

A quick few thoughts seeing as your so impatient! :rotfl:

Feelingfoolish_3

Hi

Just to say, you have to include chb but at my interview today she said it was disregarded

Hope it goes well for you and she was happy with my I&E too, didnt question anything

thatsyourlot

The or today included the CB & Child Maintenance I get for my son, along with the tax credits I get, soI guess they are now including Child Ben in their calculations

On the flip side of it, my or added some extra child related expenses that I had not put down, so it evens itself out in the end

MicheH

Thanks guys, it's all there, all our outgoings I just want your opinions if I am not allowed to claim certain things.. thanks

Household Information[/b]
Number of adults in household........... 2
Number of children in household......... 2
Number of cars owned.................... 1
Monthly Income Details

Monthly income after tax................ 0
Partners monthly income after tax....... 1400
Benefits................................ 210
Other income............................ 0
Total monthly income.................... 1610 DO I add child benefit?? Yep as I believe now its classed as an income thank you

Monthly Expense Details
Mortgage................................ 0
Secured/HP loan repayments.............. 0
Rent.................................... 450
Management charge (leasehold property).. 0
Council tax............................. 116
Electricity............................. 36 this is low....allow for winter months as well yeah, bigger/older new rental house too. ta
Gas..................................... 36 ditto....
Oil..................................... 0
Water rates............................. 25 Seems low...2 in our house & we paid more than that!
Telephone (land line)................... 11
Mobile phone............................ 40 2x mobile contracts 20 a month the receiver may ask why you have 2 contracts one for me one for dh
TV Licence.............................. 12
Satellite/Cable TV...................... 0
Internet Services....................... 10 my course is online might have to provide some proof of that.. I shall be ready
Groceries etc. ......................... 400
Clothing................................ 80
Petrol/diesel........................... 90 who owns the car? notice you listed it but not as an asset so i'm assuming its someone elses? Our car, listed as asset,or knows about it. Dh works 20 miles away so need car. I was assuming we'd keep it. Just using this SOA as a basis of our outgoings.
Road tax................................ 17.9 £18. I'm corrected thanks
Car Insurance........................... 41.4 including breakdown cover
Car maintenance (including MOT)......... 20
Car parking............................. 0
Other travel............................ 0
Childcare/nursery....................... 0
Other child related expenses............ 36.4 school meals and child milk
Medical (prescriptions, dentist etc).... 17
Pet insurance/vet bills................. 0
Buildings insurance..................... 0
Contents insurance...................... 10 Seems low...included accidental damage cover? something you'd need if you ever had to replace anything I need to get quote for new cover as no longer need buildings. it was all together. thanks
Life assurance ......................... 20 Whats this for? the OR will take interest if its a life policy - yeah life policy, I don't understand it this area, i'll talk to her about it. thanks again
Other insurance......................... 0
Presents (birthday, christmas etc)...... 10 christmas savings club Not allowed...sorry - thanks.. I would hate to ask for something i'm not allowed
Haircuts................................ 20 10 for me and 5 each for the girls
Entertainment........................... 0
Holiday................................. 0
Emergency fund.......................... 0
Distance Learning Course for uni entry.. 40
Total monthly expenses.................. 1538.7

Assets
Cash.................................... 0
House value (Gross)..................... 0
Shares and bonds........................ 0
Car(s).................................. 0
Other assets............................ 0
Total Assets............................ 0

No Secured nor Hire Purchase Debts
Unsecured Debts
Description....................Debt......Monthly.. .APR
Total unsecured debts..........0.........0.........-

Monthly Budget Summary
Total monthly income.................... 1,610
Expenses (including HP & secured debts). 1,538.7
Available for debt repayments........... 71.3
Monthly UNsecured debt repayments....... 0
Amount left after debt repayments....... 71.3

Phil you're a star! :T 10/10 for efficiency in aswering posts