Affordability buy to let mortgage

Bennybeatle

Hello all
I currently have a buy to let mortgage and the initial 2 year fixed deal is up in September.
I am currently looking at purchasing a new car (loan)
I’m just wondering wether personal monthly payments are going to affect my affordability on a buy to let mortgage or if it just on a main residential mortgage?
Hope this makes sense
Thanks

kingstreet

Maybe maybe not.

It depends on the level of rent received and if the chosen lender needs to use surplus personal income to meet affordability.

Get a broker on this.

MrRobinson

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kingstreet

A broker will be able to compare the rent against different lender affordability requirements and establish if surplus income will be needed and if it is, is it enough.