I am thinking of moving house at some point. The idea is to change my current house to a BTL mortgage and get another residential mortgage on the new place I will be moving to. My question will be that since it will be a new BTL mortgage, I suppose they will take into account of this when applying for a residential mortgage. How do they normally consider this? An additional 'loan' payment (I will be getting interest only for BTL)? Or is it counted towards the total mortgage I can afford?
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