Holiday Let Mortgages
What is a holiday let mortgage?
A holiday let mortgage is designed for people looking to borrow money on a property that will be let out on a short-term basis to holidaymakers as a business.
It differs from a holiday home mortgage, where you borrow money to buy a second home that only you will use, although some holiday home mortgages will allow you to let the property for a limited number of days per year on a short-term basis.
If you’ve been looking at a buying a holiday let, you’ve probably got lots of questions. Below are some answers to the questions we get asked a lot!
Possibly! You don’t always need a cash deposit, in some cases you can release equity from an existing property that you own.
Our experts will be able to guide you through all of the costs. Most holiday let mortgages can be arranged on an interest only basis, which keeps the monthly repayments lower!
We work with a network of experts who can help guide you through the buying process. From finding a property to full holiday let management.
We work with qualified tax advisers who will be able to provide you with all the advice you need regarding owning a holiday let.
Yes! We partner with a holiday lettings company who can help you maximise bookings and income for your holiday let and assist you with all of the day to day running of the property, at a very competitive rate!