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Will the mortgage payments count or not ?

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stainlesssink
Posted by
Junior Member

06 Mar 15 #457455 by stainlesssink

Topic started by stainlesssink

We are currently using a Family based arrangement, where the minimum calculated CM is being paid alongside the mortgage, house insurance, mortgage protection.

If an official application is made to the CMS will the full payments for the mortgage, house insurance and protection policies be considered in deciding the amount paid

Or is it just a straight x% of P60 salary

Any input appreciated

naziam
User is blocked

06 Mar 15 #457458 by naziam

Reply from naziam

It''s just a straight percentage of salary.

Most people calculate the child maintenance using the CMS system and then take away from that figure any payments such as mortgage or house insurance so as they are not paying twice.

TurboB
Platinum Member

06 Mar 15 #457459 by TurboB

Reply from TurboB

if you pay the mortgage but don''t have a beneficial interest on the property, you can apply for a variation through CMS.

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