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Mortgage - DLA, Income Support, Incapacity Benefit
Opinion
Posts: 401 Forumite
Posting on behalf of a family member that is on Disability Allowance, Income Support and Incapacity Benefit.
They own their own property mortgage free, value around £225,000, and wanting to do some home improvements and looking to take out around £15,000-£25,000 to complete these. I realise there is a £10,000 difference between the upper and lower amounts- how much they want done depends on how much likely repayments would be.
Are there any lenders that would accept DLA, Income Support and Incapacity Benefit as income for the purpose of a mortgage?
(Did a Thread Search for each of the benefits and came up with nothing of threads over 5 years old. Also posting this on the Loans board.)
They own their own property mortgage free, value around £225,000, and wanting to do some home improvements and looking to take out around £15,000-£25,000 to complete these. I realise there is a £10,000 difference between the upper and lower amounts- how much they want done depends on how much likely repayments would be.
Are there any lenders that would accept DLA, Income Support and Incapacity Benefit as income for the purpose of a mortgage?
(Did a Thread Search for each of the benefits and came up with nothing of threads over 5 years old. Also posting this on the Loans board.)
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