buy to let

hungary97_2

Thinking of a buy to let and have two questions

1) does your income have any bearing ( i am currently between jobs)
2) does your credit have any effect on the motgage (i have a ccj)

PBA

1) generally no, as long as the potential rental income is more than the monthly repayment,
2) potentially yes, you need to deal directly with potential lenders to see if this would cause a problem.

toonfish

1 depends on the lender, most will expect you to have some earned income, and often set at a minimum level.

2 again is lender dependant and the size of and reason fro the CCJ will be considered. If it's not satisfied it may be wise to do so.