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Mortgage With Lodger
bonus84
Posts: 9 Forumite
Is it possible to get an increased mortgage to take into account the rental income of a lodger? If so how much extra am i likely to be able to get?
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Comments
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Would you really want to take out a mortgage that was only affordable with the extra income from a lodger - what if you lost the lodger or struggled to get one?0
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Some lenders will give you the ability to do that - whether or not you wanted to use those lenders or qualify for their products is a different question altogether.
I would ask the questions that Jonesya has asked tooI am a Mortgage AdviserYou should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0
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