Buy to Let Mortgage

James240

Hi guys

Just a quick enquiry, if i was to go for this sort of mortgage (buy-to-let) would my current loan which stands around £12,000 have an sort of impact into the amount that i wished to borrow? As i might have an avenue into this as my mother is seling her house and moving down to the coast which is going to leave her with some free money (between £25-40,000 pounds) to put a deposit down on a place (so we could let it) and then i would take the mortgage for the rest of the money that we would need.

I currently earn £16,100 on my first job and around £4500 on my second job.

Any help on this would be much appreciated.

Cheers guys

herbiesjp

A BTL mortgage is normally agreed on the basis of the expected rental income - so the loan would not necessarily affect the mortgage amount