They are probably looking at your total mortgage balance, rather than the monthly payments.
If you are looking to borrow say £60,000 from CAM and you already owe say £90,000.00 on your main residential mortgage this would be 6 time your income and they could deem this unaffordible.
Things are much tighter than in 07 when they leant to me. I would maybe try a different lender, if that fails you could do a joint mortgage with a friend/family member, they would then have 2 incomes to take into acocunt.
This message was last edited by darren.wilkes on 27/01/2012.