Ask the experts
About our experts...
At John Charcol, we are constantly asked for advice by borrowers on what they should do when it comes to mortgages. As such, we created this section so that you can submit your questions to our experts. The answers are provided by a number of people who have years of experience in the mortgage market. The team is led by Peter Woodward who spent his formative years as an underwriter with one of the major UK lenders and the last 10 years in our Technical Department along side Ray.
So please do submit your question and we will do all we can to answer it as quickly as possible
Please be aware that these answers can only be generic and no personal recommendations can be made.
Posted on 26/04/2010
Do any mortgage companies take into account tax credits?
Categories: State benefits
Posted on 22/03/2010
I am 3yrs seperated from my partner, we have a joint mortgage and two children who live with me at the family home. I have a permanent part time job and receive working tax credits and child tax credits as well as maintenance by means of a deductions from earnings order. How likely is it that my mortgage lender will take these into account if I apply for the mortgage to be transferred into my name only?
Categories: Separation or Divorce, State benefits
Posted on 17/06/2009
Are there any mortgage lenders out there that will take into account salary, child maintenance and tax credits when calculating how much they will lend?
Categories: State benefits, Tax issues
Posted on 23/07/2007
Do banks accept state benefits such as child benefit and tax credits as further income?
Categories: State benefits
Answers provided in response to Ask the experts are based on the information provided and do not constitute advice under the Financial Services & Markets Act. They reflect the personal views of the authors and do not neccessarily represent the views, positions, strategies or opinions of John Charcol. All comments are made in good faith, and John Charcol will not accept liability for them.
We recommend you seek professional advice with regard to any of these topics where appropriate.