Holiday let mortgages.
- Non homeowners accepted
- Non UK and Expat applications considered
- No minimum income amount
- Non homeowners accepted
- Non UK and Expat applications considered
- No minimum income amount
- Non homeowners accepted
- Non UK and Expat applications considered
- No minimum income amount
Buy to Let Lender of the year 2023
Bridging & Commercial
• Over 1,200 reviews
• Over 1,900 reviews
Buy to Let Lender of the year 2023
Bridging & Commercial
• Over 1,200 reviews
• Over 1,900 reviews
Buy to Let Lender of the year 2023
Bridging & Commercial
• Over 1,200 reviews
• Over 1,900 reviews
What makes us different
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Trusted
With 50 years of lending experience under our belts, you can trust us to get things right for you. -
Open-minded
Unlike many, we lend on properties like ex-council properties, high-rise flats and those made of non-standard materials. -
Common sense
You're more than a credit score. If the sums show that you can afford the property, we do our best to make it happen. -
Smart
Receive updates on your application, upload files & e-sign most documents to open your Together account - all using our secure app.
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£2.5m
Borrow up to £2.5m -
6 to 30 years
Terms available from 6 to 30 years -
✓
Fixed and variable rate options -
75%
Borrow up to 75%* of the property's value
Consolidating unsecured debts with secured lending may increase the amount repaid overall.
Mortgages for holiday let properties
From cottages in Cumbria to caravans in Cornwall, when it comes to mortgaging your holiday let property, our buy to let mortgages are here to help. We can even provide funding if your property is classed as non-standard and needing renovation.
We consider applications from foreign nationals, based in the UK and abroad, and British expatriates. Additionally, we do not require applicants to own a personal residential property or earn a minimum income amount to qualify for a Buy to Let mortgage on holiday rental properties.
Uncover your properties potential with a holiday let mortgage
Holidays have changed, and holiday lets with them. For instance, holidaymakers often book accommodation direct via services like Airbnb. And we know that, as a result, not all holiday rental properties are quaint country escapes. So we can secure your holiday let mortgage on high-rise city centre apartments, as well as those characterful period properties with thatched roofs.
Changes to regulations and taxation mean that being a residential landlord isn't as lucrative as it once was. Switch to a holiday let and you'll enjoy different tax rules, and in parts of the UK you may even find them more profitable than traditional rental properties.
We could even help if:
- It’s an ex-council property.
- You’re self-employed, work several jobs, or have already retired.
- You’ve got less-than-perfect credit.
Common questions about Holiday Let mortgages
Can I get a mortgage on a Holiday Let?
Yes, a Holiday Let mortgage is specifically designed for landlords who want to rent their property out on a short term basis. It differs from a Holiday Home mortgage, which you’d take out on a second property intended only for your own personal use.
How do Holiday Let mortgages work?
Typically you can borrow up to 75% of the value of the property you’re purchasing.
Holiday Let mortgages are based on a projection of rental income, as well as your own personal income. If it’s an established holiday let with historic rental income we can use that. This only applies to cases where the property has been trading as a holiday let for 2 years.
For this we can use up to 80% of projected rent, on the basis occupancy was at least 80% too and the projected income is in line with previous years.
How much deposit do I need for a Holiday Let mortgage?
Most lenders will ask for a 25% deposit for a Holiday Let mortgage.
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