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building societies or banks that deal with benefit inclusive mortgage multiples
de1amo
Posts: 3,401 Forumite
İ was just wondering if anyone has any information as to which 'banks ' still give mortgage multiples including state benefits in their 'affordability calculations?
mfw'11 No68- 55k mortgage İO--little to nothing saved! i must do better.
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Comments
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Which benefits and how much comes in from them?
Any other income?0 -
the details arent necessary-the sums work out at less than 3,5 x income--i have a private pension that provides the bulk of the necessary income but need the fixed benefits to be allowed--they have been in place for many years and unless they find a miracle cure wont change!mfw'11 No68- 55k mortgage İO--little to nothing saved! i must do better.0
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They are necessary as each lender takes into account different things.
Never mind then.0 -
they are long term incapacity and disability benefit--mfw'11 No68- 55k mortgage İO--little to nothing saved! i must do better.0
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A&L
Halifax
Abbey
Accord
Platform
C&G
N Rock
This is a quick off the top of my head list - you'll need to check for yourself.
Be mindful of maximum term in relation to age - lenders have rules on this.0
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