Tag Archives: holiday let mortgage

What is a holiday let mortgage?

What is a holiday let mortgage?

Mortgages offered on a holiday let basis contain clauses specific to the business of holiday letting. So, as an example, their mortgage offers contain a clause disallowing any form of long term letting on an Assured Shorthold Tenancy (AST) basis. So the property can be used as a holiday let but cannot be used as [read more]

How much deposit do I need for a holiday home?

This question is one that we are frequently asked, and the answer very much depends on how the potential borrower intends to use their holiday home. Typically, if the property is a true holiday or second home, that is or will be used only by the owners, their friends and non-paying guests, a minimum of [read more]