Which lenders accept benefits

LauraJane

I work full time, my partner has a mental disability and claims Employment and Support Allowance.

I know some lenders will accept ESA as income. Some lenders like Virgin accept 100% ESA.

I have searched the internet and cannot find a list of lenders that will accept 100% ESA. Without approaching each lender I thought I'd ask the community. 

Thank you

caprikid1

Use a broker

K_S

LauraJane said:

I work full time, my partner has a mental disability and claims Employment and Support Allowance.

I know some lenders will accept ESA as income. Some lenders like Virgin accept 100% ESA.

I have searched the internet and cannot find a list of lenders that will accept 100% ESA. Without approaching each lender I thought I'd ask the community. 

Thank you

@laurajane I don't think you'll find an up to date and accurate list like that on the internet.

If you want to research lender criteria yourself, just Google "<lender name> for intermediaries criteria" and look for the allowable income section along with any associated criteria. I wouldn't rely on what the frontline staff tell you over the phone, it's often inaccurate.

Alternatively, speak to a broker and see what they say. This MSE guide here will help you find one.
https://www.moneysavingexpert.com/mortgages/best-mortgages-cashback/#step3

LauraJane

K_S said:

LauraJane said:

I work full time, my partner has a mental disability and claims Employment and Support Allowance.

I know some lenders will accept ESA as income. Some lenders like Virgin accept 100% ESA.

I have searched the internet and cannot find a list of lenders that will accept 100% ESA. Without approaching each lender I thought I'd ask the community. 

Thank you

@laurajane I don't think you'll find an up to date and accurate list like that on the internet.

If you want to research lender criteria yourself, just Google "<lender name> for intermediaries criteria" and look for the allowable income section along with any associated criteria. I wouldn't rely on what the frontline staff tell you over the phone, it's often inaccurate.

Thank you for your help