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Pensions as income

I recieve an army widow pension also my two children recieve dependents pension. Will this be classed as income also on my mortgage application ? My pension is for life my children up untill they less as be full time education 

Comments

  • dimbo61
    dimbo61 Posts: 13,727 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Do you have a mortgage broker ?
    If not why not speak to the lender and ask them what counts as Income.
    I am sure the Army pension you get would however not sure about the children 
  • K_S
    K_S Posts: 6,908 Forumite
    Fifth Anniversary 1,000 Posts Photogenic Name Dropper
    I recieve an army widow pension also my two children recieve dependents pension. Will this be classed as income also on my mortgage application ? My pension is for life my children up untill they less as be full time education 
    @sunnyseaside Assuming you have a main employed income, and the army widow pension is for life, there should be some lenders willing to take that at 100% for affordability. The dependents' pension is trickier and will likely hinge on the details.

    I am a Mortgage Adviser - 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. 

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