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Lending criteria

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Maintenance payments income

Where a customer is receiving maintenance payments, this income can be used within affordability assessment however the following must apply;

  • The customer is in receipt of other income to support the lending
  • Maximum 50% of the income to be used in the calculation
  • The maintenance must have a minimum of 2 years remaining
     
  Evidence Required

Informal agreement

  • The latest 3 months bank statements showing evidence of the maintenance income.

Formal agreement (optional alternative)

  • CSA agreement, Court Order, solicitors letter or Consent Order
  • The latest bank statement to show evidence of the income.