Income and expenditure review

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Steeddie
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by Steeddie » Sun Sep 10, 2017 9:00 pm
Hi guys,
Could you please give me some advice could I put in my income and expenditure
Driving instructor training costs £200pm
Also
School trip cost i.e. £100 pm

Thanks.
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luluj
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by luluj » Mon Sep 11, 2017 12:25 am
I would imagine your training costs could be accomodated but the school trip msy have to be funded from savings from other allowances. Although saying all that it is worth a try putting them in and seeing what happens
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Foggy
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by Foggy » Mon Sep 11, 2017 6:59 am
As Luluj says -- put them down and see what happens. I, too, doubt that school trips will be funded at that level.
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Steeddie
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by Steeddie » Mon Sep 11, 2017 3:08 pm
Thanks for the replies guys,
My daughter is in high school and come home with a letter for a school trip to the alps skiing at a cost of 1200 and all her friends are going so I can't really say no.
I have been paying it the last few months so if it's not going to be accepted then I will have to fund it anyway.

Thanks
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Foggy
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by Foggy » Mon Sep 11, 2017 3:13 pm
Steeddie wrote:
Thanks for the replies guys,
My daughter is in high school and come home with a letter for a school trip to the alps skiing at a cost of 1200 and all her friends are going so I can't really say no.
I have been paying it the last few months so if it's not going to be accepted then I will have to fund it anyway.

Thanks


Mine starts secondary next year and I am dreading that trip (and others) and I am out of the IVA !!
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Steeddie
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by Steeddie » Mon Sep 11, 2017 3:41 pm
It's a nightmare thanks foggy.

Well this is my year 5 review I've got to pay till Feb to pay off some arreas for a few years ago.

Also Nothing has been said about my equity check do I need to send a valuation in with this review.

Thanks.
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Foggy
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by Foggy » Mon Sep 11, 2017 3:55 pm
Equity check should be done at month 54, or thereabouts. It is possible that they have done an online check along with an estimate of outstanding mortgage and discovered less that £5,000 so no equity release attempt required .... but that would be too easy!
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Steeddie
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by Steeddie » Mon Sep 11, 2017 4:00 pm
Foggy wrote:
Equity check should be done at month 54, or thereabouts. It is possible that they have done an online check along with an estimate of outstanding mortgage and discovered less that £5,000 so no equity release attempt required .... but that would be too easy!


Should I remind them or leave it and wait lol.
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kallis3
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by kallis3 » Mon Sep 11, 2017 4:24 pm
I would ask about it personally.
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Foggy
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by Foggy » Mon Sep 11, 2017 4:25 pm
Steeddie wrote:
Foggy wrote:
Equity check should be done at month 54, or thereabouts. It is possible that they have done an online check along with an estimate of outstanding mortgage and discovered less that £5,000 so no equity release attempt required .... but that would be too easy!


Should I remind them or leave it and wait lol.


I would remind them --- it will have to be done sometime, might as well be when you are ready for it!
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Steeddie
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by Steeddie » Mon Sep 11, 2017 6:08 pm
Will do thank you.
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