NatWest acceptable form of income (Child's DLA)

IWZ86

Hello, I would like to know does Natwest accept a child's DLA as acceptable form of income if one of the parents receives it on behalf of the child? 

fergie_

This is the brokers guide, but should help with your question:

Income and Packaging Guide

housebuyer143

IWZ86 said:

Hello, I would like to know does Natwest accept a child's DLA as acceptable form of income if one of the parents receives it on behalf of the child? 

No they don't. Not many lenders will let you use a child's benefits for your affordablilty and when you see in the criteria DLA, it's referring mostly to adult DLA.

I had this trouble and found Skipton did it when very few others did.

chanz4

halifax didnt with us

pjs493

Probably not, but then again they probably aren’t assessing your affordability to take in the additional needs of your child. They’ll likely see that you have at least one dependant and factor that in. 

I think most will accept Child Benefit when factoring the cost of children into affordability, but that’s all. I may be wrong, but I’m sure someone with more experience will be along to correct me if I am. 

Christologymum_2

I thought adult DLA had been replaced with PIP so DLA is only for children. It’s a bit mis leading if they say in the criteria that they accept DLA but not for dependents but it doesn’t actually exist anymore for adults. 

housebuyer143

Christologymum_2 said:

I thought adult DLA had been replaced with PIP so DLA is only for children. It’s a bit mis leading if they say in the criteria that they accept DLA but not for dependents but it doesn’t actually exist anymore for adults. 

It has but some older adults are still on it for some reason (born pre 1948), so it relates to that. I was equally confused when I read the criteria only to realise that's what they meant and almost no one takes child DLA into affordability.
You would think because they majority of people claiming DLA would be children they would update the policy to make it clearer 🤷‍♂️

kingstreet

Typically, lenders don't take into account income or benefits in the name of a non-applicant. In this case there might be one or two but the majority won't.