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"rent a room scheme" and mortgage

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If I want to declare earnings from renting a room in the home I live, in order to borrow more, will this stop my getting a normal mortgage and force me to pay "buy to let" rates?

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  • Doc_N
    Doc_N Posts: 8,538 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Unlikely, in my experience, though some banks/building societies could try it on. Why not try a few phone calls to test the water?

    If your income is below £4250 pa it won't be taxable of course, so it's hardly a 'buy to let' scenario.

    Good luck.
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