From a purely “can this person actually save and look after themselves POV” it makes perfect sense doesn’t it?

Seems to be just for 90% ltv mortgages. I'd be concerned too about lending somebody money if they can't even come up with a 7.5% deposit without a handout…

If you want to live in zone 1 you're going to have to save up, don't see the point in crying about lenders

Anyone own a second property/is a landlord? Aware there are restrictions with Buy to Let mortgages and a regular mortgage for a second home.

How do the mortgage lenders actually know that:

1) You're not letting family staying there rent free
2) You're letting it out as an Airbnb. Do they carry out checks on who pays the council tax or ASTs that have been signed?
3) Is a Holiday Let Mortgage better to consider if it's used 50/50 between family staying there and letting it out as an Airbnb?

Asking for a friend.