A well respected, award winning social enterprise
Volunteer run - Government and charity funded
We help 50,000 people a year through divorce

01202 805020

Mon/Fri 9am-6pm       Sat/Sun 2pm-6pm
Call for FREE expert advice & service info


What are we each entitled to in our divorce settlement?

What does the law say about how to split the house, how to share pensions and other assets, and how much maintenance is payable.

What steps can we take to reach a fair agreement?

The four basic steps to reaching an agreement on divorce finances are: disclosure, getting advice, negotiating and implementing a Consent Order.

What is a Consent Order and why do we need one?

A Consent Order is a legally binding document that finalises a divorcing couple's agreement on property, pensions and other assets.


Do you need help sorting out a fair financial settlement?

Our consultant service offers expert advice and support to help you reach agreement on a fair financial settlement quickly, and for less than a quarter of the cost of using a traditional high street solicitor.


Maintenance payments for mortgage

  • CastleBlayneyMan
  • CastleBlayneyMan's Avatar Posted by
  • Premium Member
  • Premium Member
More
11 Apr 21 #516461 by CastleBlayneyMan
Topic started by CastleBlayneyMan
Hi,
Does any have any direct experience of whether banks will include child maintenance as income towards a mortgage application?

Thanks

  • WYSPECIAL
  • WYSPECIAL's Avatar
  • Moderator
  • Moderator
More
14 Apr 21 #516484 by WYSPECIAL
Reply from WYSPECIAL
In my experience most won't.

The problem is it is based upon another persons income who may lose their job or choose to give up work at any time which would end the payment and is completely out of the recipients control.

  • Rickoshea
  • Rickoshea's Avatar
  • Elite Member
  • Elite Member
More
14 Apr 21 #516489 by Rickoshea
Reply from Rickoshea
Santander do (or at least their online calculator adjusts if you add in a CM figure). As others say though because it isn't a guaranteed figure it will require evidence normally that it's been received regularly for some time and the impact on your borrowing amount won't change by the same as if it was guaranteed salary I imagine

Moderators: wikivorce teamrubytuesdaydukeyhadenoughnowTetsSheziLinda SheridanForsetiMitchumWhiteRoseLostboy67WYSPECIALBubblegum11