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@aggi
Was talking to a friend who was applying for a mortgage at Nationwide the other week (direct, not through a broker). Had a 4 hour meeting with them to run through incomings/outgoings. The upshot was that overseas rental income isn't permissible as incomings (even though the overseas mortgage is counted as outgoings) as it is received in Euros in a foreign bank account so there is too much currency risk (even though the mortgage is also in Euros).
Seems bizarre but that's what the computer said. The solution was to take a 35 year mortgage and overpay each month using that rental income ...