Other than your Salary income, lenders can accept multiple different types of income from you and these can be used towards your affordability for a mortgage. As we are whole of market brokers we can search for lenders that will accept as much of your benefit income as possible. Most lenders will accept 100% but some will use a percentage.
Here is some examples of the benefits that can be used:
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-Universal Credits
-Child Benefit
-Child Tax Credits
-PIP
-Child Maintenance
-Disability Living Allowance
-Carers Allowance
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Contact us today so we can secure the best deal for you and your circumstances!
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Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage. The guidance and/or advice contained within the website is subject to the UK regulatory regime and is therefore primarily targeted at customers in the UK. There will be a fee for mortgage advice. The precise amount will depend upon your circumstances but a typical fee will be ยฃ494