Bank of Scotland - will they do a deal?

That's interesting TRS30.

If you don't mind me asking, are you getting full credit for the (gross? projected?) rental income or is there some discount being applied?
 
Sarenco said:
That's interesting TRS30.

If you don't mind me asking, are you getting full credit for the (gross? projected?) rental income or is there some discount being applied?
Click to expand...

I'm not sure to be honest Sarenco. We gave the current rental amount and the potential rental amount for current PDH and they seemed happy enough. Our new mortgage is slightly less than 3.5 times joint salary. The rental amounts are well in excess of current repayment (based on current interest rates) so will make a profit on one property and break even on the other (while paying down capital) so not sure if that had a big influence or not.
 
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