We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
Nationwide mortgage and childcare costs
readyset
Posts: 1 Newbie
We're about to apply for a mortgage with Nationwide and our first child is on the way. When asked about childcare costs on Nationwide's affordability calculator, I entered £0 as the grandparents are more than delighted to take care of their grandchild, however will Nationwide question this and will they need any proof that childcare is not required?
0
Comments
-
No, it won't.
It is adequate to note on the application that free childcare will be provide by grandparents.
They do check bank statements to ensure that is truthful for those who already have kids who claim the same.I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 350.2K Banking & Borrowing
- 252.8K Reduce Debt & Boost Income
- 453.2K Spending & Discounts
- 243.2K Work, Benefits & Business
- 597.6K Mortgages, Homes & Bills
- 176.5K Life & Family
- 256.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards