BTL affecting chance of remortgage

As far as I know, rental income cannot be included as income for mortgage applications..

Though someone will probably come along soon with other ideas.

it is the policy for HSBC though an as a high st lender, im thinking it is as standard?

I may be wrong though!

Hi, This will depend on the individual lenders critieria. all lenders have differing opinions on this however, as a general rule lenders would not take these into account. Please don't get this confused with the lender asking for the information as they will want to see the details for each primarily to confirm you are not making additional borrowing to pay your btl lenders if they are in arrears. The likely questions should be address, when purchased, amount bought for, amount owing, existing lender & monthly payment. This will then give the underwriter an overall "risk profile" & may make additional checks ie limited company search for credit profile. also don't forget that when the lender does a credit search, all details for your btl's will appear. You should be fine provided that the rental covers the mortgage.

If you pay yourself an income from the property rental via the ltd company then this would be classed as personal income.

Don't forget that lenders may be extra cautious & ask many additional questions (which may be unusual!) but this is only because of the current economic situation & not because they don't like you! Also, underwriters are scared of their own shadows at the moment because every property that goes into arrears is investigated internally & as such the initial underwriting is called into question.
hope this helps!...