Investment Income: Rental Income (from mortgaged property)

Our standard acceptability

Acceptable

Criteria definition:

Indicates if we can accept Rental Income (from a mortgaged property) as an acceptable source of income for affordability purposes.

Policy Notes:

We would assess this sort of income in the same way as we would all self-employed income which is via accounts or SA302s.

Warning Notes:

Please note that non-deducted finance costs are now manually deducted from Land & Property income on SA302s and the net figure used for income purposes.

Criteria categories:

• income
• investment income

Last updated:

29 August 2018