Hi, I am in the process of completing my Form E and wondered if anyone could advise me. We have no assets and our house is mortgaged to the hilt. I need a car so do I put the full capital value of the car I will need on my form, under the 'capital requirements' part, recognising that there is no capital to share, or do I put the amount of income I need to buy a car on the form under the 'income' section.
Similarly, I need a house. Should I put, say, £200k down in the 'capital' part, because theoretically that's what I need, or should I put, say, £800 per month down in the 'income' part.
Although we have no assets, we have a high income.