BR Petition Wed 18th June 12:30, I&E

itydntk

Lorem ipsum

itydntk

Lorem ipsum

blind-as-a-bat_2

itydntk wrote: »

Revised I&E


I - £5,873

E -

Mortgage/Rent: £1,250
Buildings & Contents Insurance: £19.25
Council Tax: £208
Water Rates/Meter: £42
Gas £87
Electricity £21
Home Phone £60
Internet £22
TV Licence £12
Mobile Phone £35
Travel £3.33
Food and Household Shopping £500
Eating Out £130
Meals at work £40
Breakdown Cover/Roadside Recovery £18.33
Rail/Bus/Coach/Taxi £16.67
Car Maintenance £50.00
Car Insurance £33.33
Car Tax £15.00
Parking £12.00
Petrol/Diesel £216.50
Child Maintenance £790
IT/Computing (eg Anti-virus etc) £2.50
Pet Costs £15
Dentistry £15
Haircuts £15
Optical Bills £26
New Clothes £40
New Children's Clothes £80
Summer Holiday £100

Total £3,875

c. £2k surplus.

So I guess a 70% IPA on surplus or could it be as high as 80%?

Kevin

Nope 70% is as high as it goes as far as i can see

You are aware that the OR will force the release of your BI of the equity in any prperty on top of that arnt you? Have you a plan on how your going to stop the OR forceing sale of your property/s?

itydntk

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maxmycardagain

itydntk wrote: »

Revised I&E


I - £5,873

E -

Mortgage/Rent: £1,250
Buildings & Contents Insurance: £19.25
Council Tax: £208
Water Rates/Meter: £42
Gas £87
Electricity £21
Home Phone £60
Internet £22
TV Licence £12
Mobile Phone £35
Travel £3.33
Food and Household Shopping £500.......a lot for two of you
Eating Out £130.......................mmmm, cant see the OR liking that
Meals at work £40.................as above
Breakdown Cover/Roadside Recovery £18.33...too much.
Rail/Bus/Coach/Taxi £16.67.........travel maybe, taxi, never
Car Maintenance £50.00.........too much
Car Insurance £33.33
Car Tax £15.00
Parking £12.00
Petrol/Diesel £216.50
Child Maintenance £790
IT/Computing (eg Anti-virus etc) £2.50
Pet Costs £15
Dentistry £15
Haircuts £15...........£10 only
Optical Bills £26
New Clothes £40
New Children's Clothes £80
Summer Holiday £100.........set amount is lower per person

Total £3,875

c. £2k surplus.

So I guess a 70% IPA on surplus or could it be as high as 80%?

no, i think 70% is the max

Kevin

ref breakdown :- I only paid £8 a month, i used to do 50,000 miles a year

car repairs - all i can say i didnt spend that much

as someone else said, the OR will expect your GF to contribute

either that or BR could be refused as you arent insolvent with a big income and a house worth, what, £900K?

lindsaygalaxy

I think you need to get some professional advice re your property etc.

But again, im not sayign this to be an old record, but the OR WILL NOT ALLOW you expenses for - eating out/meals at work/childrens clothes, and is also VERY UNLIKELY to allow you £100 for holidays ( for the children will be included in mainenance), alike for the childrens clothes.

The house morgage/rent will also not be that high as it would be sold for the equity, so you need to be lookign at costs it will be for a 2 bed, 3 if the kids stay over poss.

PLEASE CAN SOMEONE ELSE EXPLAIN ALSO AS I DONT WANT IT TO SOUND LIKE IM BEING GRUMPY

itydntk

Lorem ipsum

maxmycardagain

kevin, ref your gas bill, either you live in a 22 bed mansion or the your coupled up and paying for street gas lamps outside, or maybe you run a crematorium?

fiveyearplan

I think it depends where you live as to what would reasonably be expected to pay on housing. I couldn't possibly find anywhere near where I live for under £1,200 per month.

SingleSue

You can get that food right down..... I have 3 children and my monthly spend on food is in the region of £160.

The children live with me at all times.

Mind you, this is different from normal money saving so I think they have set allowances for things but not sure how it works for partial access.