Proving mainentance for mortgage - separation agreement enough?

[merrilywego]

Title says it all really. Has anyone successfully used their separation agreement to prove maintenance payments as part of their mortgage application?

Would be interested to hear of anyone's experiences when it comes to proving maintenance payments. I know not every lender takes this into account......

Thank you

Er, title should read maintenance!

We just had to send 6 months bank statements showing the maintenance payment going in. We have a private agreement whereby ex just pays me a certain amount monthly by standing order so I just had to demonstrate that it goes in - this was to nationwide.

Thanks Fairylea. I've heard NW are pretty hard to please mortgage wise so it's good to know they might be more relaxed on this side of things.

We found them really good actually. Admittedly we did have a fairly low mortgage to equity ratio so perhaps that helped but we based our mortgage on a small income, maintenance and tax credits and had no problems. (This was 4 years ago now and we remortgaged for a small amount with them last year - roof needed work doing). Good luck :)

The bank of Scotland asked for my bank statements but they only take a percentage of both maintance and any benifits. 4x my wage plus 60% of maintance and tax credits x4. Tsb only took 40%.