Hi, I have an outstanding mortgage on my house of about €185k. The house is now worth in the region of €450k. I bought this house myself and am now looking to buy something bigger with my partner. Ideally, I'd like to hold on to my house and rent it out. Is this something that the banks take into consideration? If we were to try to buy somewhere for say €600k and had the 20% deposit without selling my house, is the rental income or equity in my house taken into account in terms of the mortgage they would give us?
Thanks!
Thanks!