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Mortgages for holiday let properties

Holiday let mortgages.

  • For short-term lets and Airbnbs
  • Flexible on income & credit status
  • On a huge range of property types
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What makes us different

Our Buy to Let mortgage key facts
  • £2.5m

    Borrow up to £2.5m
  • 4 to 30 years

    Terms available from 4 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.


Holiday house on the beach - l

Inherited a property? Moving in with a partner? Relocating at short notice?

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 Buy to Let mortgages

Can't find the answer to your question below? Please visit our help section.

Am I eligible for a buy-to-let mortgage with Together?

We don't have any minimum income requirements, and if your rental income sufficiently exceeds your monthly payments we won't insist on an affordability assessment. If you've not yet bought the property, we can use an assessment of the potential rental income from an estate agent.

If we do need to conduct an affordability assessment, we'll take into account all of your income – including up to 90% of projected rent, rent from other properties you own, pension income, and wages from your day job (if you have one).

We're happy to lend to first-time landlords, limited companies, property professionals, expats and others.

If you’re unsure if your circumstances mean you qualify, get in touch with us to discuss your eligibility.

How much can I borrow for a buy-to-let mortgage with Together?

We offer buy-to-let mortgages of anywhere from £50,000 to £2m – and sometimes more! If you want to borrow a large amount (i.e. over £500,000) we may or may not insist on you putting in a larger deposit or more equity.

What fees will I have to pay on a Together Buy to Let mortgage?

We charge an Arrangement Fee, and some of our Buy to Let mortgages include an Early Repayment Charge, which you'll pay if you elect to remortgage with another lender or repay your loan in full before the term ends.

We also charge a Redemption Administration Fee when you 'redeem' (i.e. fully repay) your mortgage, to cover costs associated with closing your account and dispensing our legal claim to your property.

All of these fees can vary, so we'll ensure that the fees that apply to your particular mortgage are clearly explained before you sign on the dotted line.

Other fees and charges may be applied to your account during the life of your mortgage, in relation to the management of your account (for instance, if you fall behind on your monthly payments). These are all explained in our Tariff of Charges.

How many buy-to-let mortgages can you have?

There’s no strict limit, but some mortgage lenders will put a limit on how many mortgages (or how much you’ve borrowed overall) they’ll let you have. Here at Together, we have no such limits.

Some investors who own lots of rental properties may instead decide to have one very large mortgage that covers all of them, so they have a single monthly payment to meet.

This is known as a portfolio buy-to-let mortgage and is secured against all of their properties at the same time, and is something we also offer.

How do you decide my interest rate?

The rate you're offered may be influenced by several factors, including:

  • The type of rental property you have (e.g. long-term rental, or short-term holiday let).
  • The value of the property you're using to secure the mortgage.
  • How much you need to borrow (both in total, and as a percentage of your property's value).
  • Your credit history (but not your credit score).
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Any property used as security, including your home, may be repossessed if you do not keep up repayments on your mortgage or any other debt secured on it.
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Part of how we assess each applicant is based on these details, so without them we can’t discuss what we could offer you. Once you have these details, pop back and we’ll set up an appointment.

In the meantime, you can find out more about our commercial mortgages or see our FAQs for other handy info.