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When you want to propose a F&F do you need to present a new income & expenditure report

Hi
Yes, you usually will have to as creditors will want to check that the full and final is the best deal on the table
Regards

My circumstance is that my wife has left me but with young children she is expecting me to still pay for the mortgage as she cannot work even though we are now separated. For the sake of my children I am prepared to do this but will the creditors except that.

Creditors will expect to see a revised I&E, so that they can determine whether your new offer is reasonable. We cannot confirm that your creditors will accept a revised offer, as we have no detailed knowledge of your case, but if it is the best offer you can make then you ought to be in a favourable position.