Halifax - Rental Income?

akorn77

https://www.halifax-intermediaries.co.uk/criteria/mortgage/default.aspx 
I was just reviewing the 'Rental Income' section. Is it implying that rental income can only come from properties which have a BTL mortgage? i.e. tenants on an AST agreement

I receive rental income from lodgers which will be on my self-assessment this year, so trying to figure out if I could use this in affordability calculations? Halifax have given me consent-to-let before lockdown, which is still valid so no issue on the "intend to let out" part. 

haras_n0sirrah

Halifax as a lender wont Include lodger income
Another lender will though as long as you have 3 months evidence 

dimbo61

What are you trying to do ?
You have " consent to let " and lodgers so do you live in the property ? Or rent it out ?
If your renting the whole property and living elsewhere then you have tenants 

akorn77

haras_n0sirrah said:

Halifax as a lender wont Include lodger income
Another lender will though as long as you have 3 months evidence 

Any idea which of the big lenders do accept it? 

dimbo61 said:

What are you trying to do ?
You have " consent to let " and lodgers so do you live in the property ? Or rent it out ?
If your renting the whole property and living elsewhere then you have tenants 

I currently live at my house with lodgers. I have consent-to-let from March when I was in the middle of buying my next property but the transaction collapsed due to Covid. As per my original plan from earlier on in the year, when I buy my next home, my current property will be let out on an AST (as my lodgers want to remain and are interested in renting the whole house). 

Due to Covid my income has gone down, so I was looking to see if I could plug some of that shortfall and increase the lending multiple, with the income I've received from my lodgers. 

haras_n0sirrah

akorn77 said:

haras_n0sirrah said:

Halifax as a lender wont Include lodger income
Another lender will though as long as you have 3 months evidence 

Any idea which of the big lenders do accept it? 

dimbo61 said:

What are you trying to do ?
You have " consent to let " and lodgers so do you live in the property ? Or rent it out ?
If your renting the whole property and living elsewhere then you have tenants 

I currently live at my house with lodgers. I have consent-to-let from March when I was in the middle of buying my next property but the transaction collapsed due to Covid. As per my original plan from earlier on in the year, when I buy my next home, my current property will be let out on an AST (as my lodgers want to remain and are interested in renting the whole house). 

Due to Covid my income has gone down, so I was looking to see if I could plug some of that shortfall and increase the lending multiple, with the income I've received from my lodgers. 

I do know which lender but we who post here are not allowed to give advice so I dont name lenders without doing a full consultation to make sure the lender is suitable (as if we stray into advice territory without having all the facts and someone has a financial loss then they can lodge a complaint)
Consult a broker. If you dont have a broker you can approach the brokers who post here. We are not allowed to approach posters but we are able to respond to PM's asking for help.