Affordability Assessment: Child Care Vouchers
Our standard acceptability
Indicates if we can potentially ignore childcare vouchers when assessing applicants expenditure for affordability purposes.
Family Building Society automatically allow for the cost of child care when assessing borrowers affordability. However, we will need to factor in the cost of nursery fees or school fees and these need to be declared at application.Criteria categories:
- affordability assessment
07 November 2018