Mortgages with Lodger Income
Lodger mortgages are available to individuals wishing to let a room or part of their main property to a lodger. The government’s rent a room scheme exempts some rental income from tax. However the exemption only applies to income in certain circumstances. Lodger mortgages can therefore be suitable for individuals such as first time buyers needing extra income to support their monthly mortgage payments. Nevertheless, with no full tenancy agreement with lodgers, rental income can be unpredictable, making it difficult to obtain lodger mortgages in some cases.
Our advisers at Capital Fortune understand the problems various applicants may face when looking to obtain suitable lodger mortgages. Over the years we have established links and contacts with a number of lodger mortgages providers. As a result, we have the knowledge and expertise to secure the best deals for you. Our expert advisers will use their experience and connections to increase your chances of a successful application. Our personalised service is tailored to your individual requirements to enable us to find lodger mortgages deals to suit you.
Call our mortgage broker team now on 020 77 100 400 or complete the Mortgage Enquiry Online. As part of our service, we will call you back.
Find out current best rates
|0.99%||Discount||2 years||4.99%||4.4%||2 years||£2149|
|0.99%||Discount||2 years||4.75%||4.3%||2 years||£0|
*APR = Annual Percentage Rate *ERC = Early Repayment Charge
*These figures are only illustrative. An assessment of your needs will be confirmed before a recommendation can be made. A Key Facts Illustration, which is personal to your circumstances, will be provided if a recommendation for a mortgage product is made.