Interest paid on mortgage but want new partner to move in

Vader123

sh1305 wrote: »

The amount of night is irrelevant. They look at things such as bills being in both names.

It's not irrelevant as stated, please be careful with advice!

They might have lots of joint bills or none, they look at the whole set up.

Vader

TimmyH_3

Thanks everybody. Basically, he has his own house, that is up for sale, he spends some of the week round mine as i have the child but it varies week to week. We share NO bills, he has his own for his house and I have my own for my house. We plan to move in together, we just cant do it until his house is sold. I buy my own food, he buys his own food. Sometimes we cook together sometimes we dont. He pays council tax on his property, so is not officially living at mine.

I am very confused!

TOBRUK

I'm just curious as to what has been going on in the last 5 months as you haven't posted here for all that time.

I hope you are aware of the cut in SMI payments from next month.

synapse321

If your partner works more than 24 hrs a week your benefit if you are on income support will be nilled.

DX2

Can we assume that since you last posted in April, you actually haven't been in touch with the JCP like you had been advised?

TimmyH wrote: »

Thanks everybody. Basically, he has his own house, that is up for sale, he spends some of the week round mine as i have the child but it varies week to week. We share NO bills, he has his own for his house and I have my own for my house. We plan to move in together, we just cant do it until his house is sold. I buy my own food, he buys his own food. Sometimes we cook together sometimes we dont. He pays council tax on his property, so is not officially living at mine.

I am very confused!

TimmyH_3

I was unaware of the SMI change. Will this affect me?

Sorry, for not posting for such a long time. I have had more pressing issues, court case with the ex for child custody coming up! :-(

I contacted the JCP and as there is no specific criteria, you have to wait until you are investigated to see if you are in the wrong. This system is ridiculous!

My Fixed rate mortgage finishes on the 31-01-2011, which it then moves to an SVR, 2% above the BoE rate. This will make my mortgage manageable and allow me to head back to work and no longer be using the benefit system. I am counting down the days! It is just such a shame the mortgage company will not end my fix rate earlier to allow me to get my life back together. I have even been brought to tears on the phone to them, but nope, they dont budge :-(

If anyone has any ideas on this, please shout!!

Thanks you all!

TOBRUK

There is a 'sticky' at the top of this 'Benefits & tax Credits' forum. Woodbine started it off:

URGENT Changes to Morgage Interest Support [merged]
A reminder for those who are aware and a heads up for those who arent.The June budget made a change in SMI (support for mortgage interest)upto 30/9 it will be paid at a rate of 6.08%(as it has been from january 09).From 1st Oct the rate will be 3.67%(the bank of england averaged mortgage rate).

It shows that SMI will almost halve!

TimmyH_3

Oh dear, this will mean i will have arrears of almost £400 per month until January :-((((((( WORRIED :-S

AnxiousMum

Well Timmy, it's simple - if you cannot afford your home, then you have to make changes to your outgoings/incomings. If that means you need to sell your home and move somewhere that you CAN afford......that's what people in employment need to do to ensure that they can meet their commitments each month I would love a bigger house - but with working, I'm in what I can comfortably afford without the threat of having to move next month if things go pearshaped.

So with your partner moving in, the SMI changing - you have some juggling to do! It might possibly be time to start looking for work, particularly if your partner is moving in with you, and then you can benefit from WTC possibly to help with child care.

Supernatural

Maybe you could move into your boyfriends home and sell yours? He's obviously affording to keep that running even if he can't manage yours, and you'd save by pooling your finances, just a thought.