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Does anyone know which benefits are counted as income by mortgage companies?

5 replies

LoveBuckets · 08/10/2009 20:59

We get Child Benefit, DLA for DS1, Carer's Allowance and Child Tax Credit with disability component.
Which counts when it comes to mortgage applications?

Thanks for any advice.

OP posts:
MetalMummy · 08/10/2009 21:39

It depends on the mortgage company. Some of the High street banks won't accept any benefits as income (Nationwide and Britannia don't accept tax credits, Natwest do I think), but other mortgage companies do. Our mortgage is with First National and they did count tax credits as income, we weren't getting DLA or Carers Allowance then though.

LoveBuckets · 08/10/2009 22:06

Thanks Metal Mummy. Dh has just pointed out that I could phone them and ask tomorrow

OP posts:
bonkerz · 08/10/2009 22:08

carers allowance is counted as income! £2761 per year!

busybeingmum · 08/10/2009 22:10

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busybeingmum · 08/10/2009 22:12

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