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CSA and mortgage completion

DUTR
DUTR Posts: 12,958 Forumite
Part of the Furniture 10,000 Posts Name Dropper
in Child support
Does an NRP have to inform the CSA if their mortgage is completed or less than 35% of the market value? (Assuming CSA2 of course) .

Comments

  • CSA_Help
    CSA_Help Posts: 1,318 Forumite
    Wouldn't say so under CSA2 as that isn't included in your assesments anyway
  • DUTR
    DUTR Posts: 12,958 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    CSA_Help wrote: »
    Wouldn't say so under CSA2 as that isn't included in your assesments anyway

    I wouldn't have thought so either but due to the variation rules etc etc :o
  • CSA_Help
    CSA_Help Posts: 1,318 Forumite
    Who would know if your mortgage was completed anyway ?

    If you are CSA 2 rules its a straight percentage of your take home (unfortunately im on CSA 1)
  • DUTR
    DUTR Posts: 12,958 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    CSA_Help wrote: »
    Who would know if your mortgage was completed anyway ?

    If you are CSA 2 rules its a straight percentage of your take home (unfortunately im on CSA 1)

    I just remember some of the members saying about the sanctions of calculation for assets which may include property equity :o
  • iluvfreebies
    iluvfreebies Posts: 812 Forumite
    Part of the Furniture Combo Breaker
    you only have to supple details of your mortgage etc if asked for this for a variation application etc - this wouldnt impact on your normal assessment so no need to advise until you are asked
    Comp Wins 2011 : Cant wait to start listing everything:j:j:j
  • kelloggs36
    kelloggs36 Posts: 7,712 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Wouldn't that actually make the housing costs smaller rather than larger?
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