We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

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?
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.3K Banking & Borrowing
  • 253.6K Reduce Debt & Boost Income
  • 454.3K Spending & Discounts
  • 245.3K Work, Benefits & Business
  • 601.1K Mortgages, Homes & Bills
  • 177.5K Life & Family
  • 259.2K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture