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@bobble
Does anyone use the rent a room scheme?
*Edit googled this bit
Second, in Bristol where I live there aren't enough rooms so when my current house had to put a room on spareroom recently, we got 200 replies in the first morning. I am planning to use the scheme if I buy a 2 bed house, but the bank won't factor this income into my offer. If I get one of my current housemates to pay me 600 for the next 3 months (could say this is rent a room scheme with my landlords permission), would that let them lend me another 5x(600x12?)
Appreciate only being able to borrow 4.75x or whatever it is is there for a reason, but I could put that 5x(600x12) as cash if I needed to as part of my deposit - I just don't want to when the interest rates are so low.
Cheers