Lodger Mortgages

Lodger Mortgages

Lodger Mortgages - Lodger mortgages are available to individuals wishing to let a room or part of their main property to a lodger. The governments rent a room scheme exempt rental income of up to £4250 from tax and income above that may be taxed favourably. However the exemption only applies to income from a furnished residential home. 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..

The Financial Conduct Authority does not regulate some forms of buy to lets, commercial mortgages, secured loans, unsecured loans, bridging loans, trusts, overseas mortgages, conveyancing or debt management.

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