Holiday Let mortgages

Available at our lowest ever rates from 4.99*
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For purchase or remortgage.
Borrow up to £2m.
Borrow over 4 to 30 years.
Variable, fixed-rate and interest-only options .
Borrow up to 75% of the property's market value.

Consolidating unsecured debts with secured lending may increase the amount repaid overall.

4.5/5 average rating by independent customer

Why choose Together?

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Vast Experience

With over 45 years of lending experience under our belts, you can trust us to get things right for you.

Common Sense Decisions

If the sums show you can afford the property - even if you've only been trading 12 months - we do our best to make it happen.

Fast, Easy Account Opening

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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Hotels? Old hat

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.

Shuffling your deck?

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 can often lend when others won’t.

We work with everyone from first-time investors to experienced professionals, whether you're acquiring a new property, or want to refinance your existing investments to borrow more. And we won’t limit the size or value of your portfolio.

Your holiday property can have as many bedrooms as you like. And we won’t insist that you've owned it for any particular period before you can get this kind of mortgage on it.

We could even help if:

• There’s something unusual about the property – if it’s ex-council or has a thatched roof, for example.

• You’re self-employed, work several jobs, or have already retired.

• You’re set up as a Limited Company.

• You don’t live in the UK.

• You’ve got less-than-perfect credit.

Check your eligibility & enquire

At Together, our flexible approach means that we can often lend where others can't. If you fit our criteria, we'll do everything we can to make it happen.

To be eligible to borrow from Together, you must:

Have found the property you wish to buy
Be looking to borrow no more than 75% of the purchase price of the property you plan to buy
Not be on furlough from your only source/s of income
Not be at risk of redundancy

Approval is based on a credit check and an assessment of your individual circumstances.

Ready to talk?

Enquire today for a callback from a member of our friendly, expert team.

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Invest in your holiday let with a secured loan

If you've built up equity in your rental property, you can leverage it to borrow without remortgaging out of your current deal – to pay for renovations or upgrades, for example.

This kind of loan isn't widely available, and is known in the industry as a 'second-charge' loan. It runs alongside, but independent of, any existing buy-to-let mortgage you have.

Learn more

Common questions about holiday let mortgages

Can a first-time buyer have a buy-to-let mortgage?

Yes, we’ll consider applications from first-time buyers for a Together Buy to Let mortgage and treat them the same as anyone else. This includes both first-time property investors and people who’ve never owned their own home as well.

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.

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 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.

How much deposit is needed for a buy-to-let mortgage with Together?

We have several Buy to Let mortgage products, and the minimum deposit (or equity, if you're remortgaging) we insist on varies based on the property and your circumstances. As an absolute minimum, you'll need to put in 25% of the property's value.

However, if you also own other properties and have sufficient equity, we may be able to use these as additional security to lend you 100% of the value of your new purchase.

*Subject to product selection and an affordability assessment.

Any property used as security, including your home, may be repossessed if you do not keep up repayments on your loan or any other debt secured on it.

Loans provided by Together Commercial Finance Ltd. are not regulated by the Financial Conduct Authority.

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