Who qualifies as a dependent for mortgage purposes?

marshb · 13 January 2013 at 4:48PM

One of the questions on the mortgage application is: "How many dependents do you have?". The question didnt ask about the number of children. Thus, although, I have two children under 18, I have said 'none',as they do not live me; neither do they rely on me wholly or substantially for their basic needs. I do, however, give money to their mother monthly.

Any thoughts?

_Andy_ · 13 January 2013 at 4:51PM

Ring the lender and ask

ACG · 13 January 2013 at 5:02PM

Are you putting down the money you pay the mother as maintenance?
I think if you do that you should be safe - otherwise your effectively counting it twice, maintenance and a dependent.

But if you prefer to make sure then as Andy says, give the lender a quick call to ask.

GMS · 13 January 2013 at 5:02PM

No dependants but you need to declare the monthly amount of maintenance as a commitment

marshb · 14 January 2013 at 12:01AM

Thanks guys ...

ValHaller · 14 January 2013 at 11:37AM

ACG wrote: »

Are you putting down the money you pay the mother as maintenance?
I think if you do that you should be safe - otherwise your effectively counting it twice, maintenance and a dependent.

But if you prefer to make sure then as Andy says, give the lender a quick call to ask.

I would fill the form in as suggested and send a brief covering letter to explain what I had done. I would not ask.