PPR mortgage when main income is from rent

kilclon

Registered User
Messages
5
Hi,

My girlfriend and I own an unencumbered rental property in Dublin city centre. As I am only beginning to trade in my new business, the rental income from this property is my main source of income at the moment. My girlfriend is a nurse in a full time permanent job.

Is there any reason why we shouldn't be approved for a mortgage using the rent as my income (gross rent less expenses etc)?

Thanks
 
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