Hi all, hope your all well and looking forward to christmas![:)]
We have received the I&E questionnaire from the OR which I have filled in and sent back last week. I just have a couple of question about it which I'm hoping someone will be able to help me with.
Firstly, we have a few insurances on our mortgage which, like everyone else is made up of buildings and contents and life insurance. But we also have a redundancy protection insurance which basically pays the mortgage for 12 months if either of us get made redundant. I'm wondering whether the OR will accept this monthly payment in the I&E as I'm not sure they will see it as "essential".?
Second, on the form there was a section that just said 'maintenance'. Because it didn't specify maintenance for anything in particular I'm assuming that this means maintenance on everything like cars and boiler and general repairs etc. I've added up everything that was put on the IVA I&E which was listed as separate items and it came out at £100 per month. Do you think they'll accept this figure?
Also I went through last months bank statement to add up all the petrol/diesel that we'd brought in one month and it came out to £270. This is because the price of petrol is so high at the moment(1.07p per litre for petrol and 1.10p per litre for diesel) We only use our cars for work and perhaps the odd trip to shops so nothing really excessive. But I'm worried they are going to say this is too high and cut it down and then we won't have enough petrol for the month.
We haven't heard anything from them since I posted the I&E back to them last week (have found that the OR are not very quick at dealing with anything).
I'm back to worrying again, hopefully we'll hear soon. x
If you have evidence of the expenditure there is no reason for the OR to disallow it. If he/she demands anything unrealistic stand your ground as they often back down.
There should be no problem in them allowing your insurance costs - and maintenance is for the upkeep of your property. £100 seems excessive to me, when under CCCS guidelines the maximum allowance is only £20.
They can hardly decline your petrol expenditure either, if you have receipts to verify that you are actually spending that much.
