Rental property "earned income" and mortgage affordability

Veeo

I rented out my property outside London (had a permit to let from my mortgage provider) and moved into a rental property in London. However is am now ready to sell my property and buy something in London to live in.

Please my big question is:

Seeing as the rent I get from my property is classed as "earned income" which I also pay tax on the "rental profit", would the "earned income" I get from the rental property be added to the income I get from my day job to determine how much I can borrow on a mortgage for the property I am looking to buy to live in?

Thank you in advance x

 

Dazed_and_C0nfused

Given you are going to sell it I very much doubt it.

I rented out my property outside London (had a permit to let from my mortgage provider) and moved into a rental property in London. However is am now ready to sell my property and buy something in London to live in.

Veeo

Dazed_and_C0nfused said:

Given you are going to sell it I very much doubt it.

I rented out my property outside London (had a permit to let from my mortgage provider) and moved into a rental property in London. However is am now ready to sell my property and buy something in London to live in.

Ok I see what you mean. Thank you very much x