Low deposit options based on 100% bonuses for Hedge Fund employees with no basic salary income caps Most UK Mortgage Lenders are generally nervous where the applicants are reliant on variable income such as bonuses received by Hedge Fund employees. They will certainly seek a track record. A common request would be for payslips to evidence the bonus payments: Payslips for the last 2 years … [Read more...]
Buy to let rental income for affordability assessments
100% of Buy to let rental income used to buy your new residential mortgage Firstly, I must start by saying that most Mortgage Lenders will NOT take Buy to let rental income into consideration when you are looking to purchase a property to live in. They will merely make sure the mortgage payments on the let property is covered by the rent received, and in some instances by a margin for running … [Read more...]
