The rise of Holiday Let Mortgages

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The rise of Holiday Let Mortgages 

The increasing number of Britons now holidaying in the U.K. as a result of Covid-19 is creating the perfect environment for the now thriving holiday rental market – and real demand for Holiday Let mortgages, which we be please to help you with. 

Many of the Building Societies provides specially designed mortgages for properties to be used as a Holiday Let – including Airbnb property letting and can lend up to 75% loan to value, this means you would need to put down a Min’ 25% deposit on your purchase. All the Holiday Let mortgages are available to applicants with any occupation, Lending is calculated on projected average rental income. 

Most of the mortgage lenders will use upto 100% of rental received, plus, the letting property can be marketed for rent through AirBnB type mortgage platforms. 

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