nah nah Medine you have the spelling wrong
You are too Rant reliant :O)
I havent heard that used as an excuse for " you smell and we dont want your business anyore" for yonks.
We used to get it occassionally where a client had too much exposure (TAE) with the one lender. That doesnt happen much any more, because we control that exposure.
In one case I had a guy with ONE job and 48 Ips........................Im sorry ROlf, we cant give Mr X more money, he is way too reliant on his rent to service his debts.....................k........................ but hes only got one job and more than 50 tennants ....................ummmmm its more likely hed lose his job surely than lose all his rental income ?
I also think that the current rental market is way tighter than its been in the last cycle and a half, and it probably wouldnt wash as a good excuse when the papers have front page news of renters fighting for places.
ta
rolf