Hi
Thanks for replying, they have stated
"Due to the short time that you have owned the rental property and the remaining lease that expires on 01092006 I am not able to accept this item as Income to be Transferred on the Summary of Funds Form."
The rental property has been owned by them for just over a year, this was their 2nd investment property, they owned an apartment prior to that and then upgraded to a 2 bedroom house overlooking the Solent (prime rental and will never be left empty), also as you can see they have a rental agreement with current tenants until next Sept 2006.
This is so frustrating as they have over the capital required and the income at the moment is based on Mum's pension and the investment rental, they also have their own property which is not even counted into the capital or income part. Dad was made redundant in Febuary but does not receive his full pension until next August when he turns 65, they will not take that into account which is fair enough but the others provide more than sufficient income that they request on the forms.............not sure if they are being difficult due to new criteria and also not sure if we can take it further with Australia House, anyone have any experience with that?
JAJ thanks, they will seek professional advice this week, just thought I'd ask for them on here anyway.
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