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Renting out flat

New Contributor
Hi all

So my wife and I bought our flat about 6 years ago, with the intention of eventually renting it out when we buy a house. So that time has arrived and I would like to know, can we rent out the flat, and declare the rental payments as an extra income, and apply for a bond on a new house or would the bank not see the rental as extra income and will require that we will be able to afford both properties in regards to them approving a second bond?

Thanks in advance
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