GIFTED DEPOSIT MORTGAGES. A gifted deposit is a sum of money given to you by a third party as a deposit on a property. There are currently five options currently available for gifted deposit mortgages. These are available on residential and Buy-to-Let purchases.
Assessable income is the income we use to work out your payment rate. If you have a partner, we take both of your incomes into account. Examples of assessable income include: deemed income from financial investments, including money in superannuation funds if you have reached age pension age.
The SSA will first look to see what income you have is countable. Countable income includes: 1  money you earn from work (you can make a small amount of money and still be eligible for SSI)  food or shelter you get for free, or for less than what it's worth (called in-kind support and maintenance, or IKSM)