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Buying property - C...
 
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Buying property - CMS


Posts: 8
 Maka
Registered
Topic starter
(@maka)
Active Member
Joined: 2 years ago

Hi

I am a non resident parent with an open case on CMS, currently paying to a child from previous relation.

 

me and current partner with whom I have a second child jointly acquired a flat via mortgage.

How is that going to affect my case with CMS? What may change? Do I have to declare this to CMS?

if I become unemployed can CMS repossess my house even though is a joint mortgage?

4 Replies
Posts: 5471
(@dadmod2)
Illustrious Member
Joined: 6 years ago

Hi,

No CMS can not make claims on a property that you live in. No need to declare.

Some info on asset variation: https://commonslibrary.parliament.uk/research-briefings/cbp-7773/

 

 

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Posts: 11890
 actd
Registered
(@dadmod4)
Illustrious Member
Joined: 15 years ago

I assume CMS are aware of your second child? That will reduce the maintenance you have to pay.

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 Maka
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(@maka)
Joined: 2 years ago

Active Member
Posts: 8

@actd 

they are aware but didn’t took it in consideration as she does not receive Child Benefit ( her mother has high income therefore not elegible according to CMS, however still under investigation)

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 actd
Registered
(@dadmod4)
Joined: 15 years ago

Illustrious Member
Posts: 11890

Posted by: @maka

@actd 

they are aware but didn’t took it in consideration as she does not receive Child Benefit ( her mother has high income therefore not elegible according to CMS, however still under investigation)

I've just done a quick calculation using the CMS calculator based on £35k per year (seemed a reasonable figure), with zero overnights, and that gives a monthly payment of £348 if you have no dependant children living with you, and that drops to £310 per month for one dependant child living with you. You definitely need to chase that up.

 

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