A Holiday Let property provides accommodation for guests on a short stay up to a maximum of 30 days. A Buy To Let is a residential property that can be let to tenants as their main residence.
Different tax rules apply for Holiday Let vs Buy To Let properties. Please see the HMRC website for further information.
Yes - we offer lending for Holiday Let properties to be listed on Airbnb. Please contact us to discuss further.
Yes - we will instruct a valuation of the property.
We offer repayment and interest only mortgage products for Holiday Let properties over a minimum term of 5 years and a maximum term of 25 years.
Yes - we allow overpayments of up to 10% each financial year (1 April - 31 March) on all our Holiday Let mortgage products without an early repayment charge. Please see our Holiday Let mortgage products page for details.
Please refer to our Intermediary Criteria Guide for details on how we assess eligibility for a Holiday Let mortgage.
In some circumstances, we will consider lending for holiday parks. The properties must be brick, stone or concrete constructions.
Please contact a member of the Intermediary team to find out if a property would meet our criteria.
Yes – we can provide lending to limited companies. Please refer to our Intermediary Criteria Guide for details.
No – we do not have a maximum age limit and will consider each case on an individual basis. Please contact us if you have any queries relating to this.
Yes – we will provide lending on a property with three or less buildings on the title. Please see our Intermediary Criteria Guide for details.
If a property has four or more buildings on the title, please contact our Commercial team on 01228 403 135 who will be able to advise you further on whether it meets our criteria.
In some circumstances a customer can use their own solicitor. Please refer to our Holiday Let Intermediary Packaging Guide for further information.
Yes - we lend throughout mainland UK including the isles of Anglesey, Arran, Mull, Skye, Lewis, Harris and Wight.
Yes - we can provide lending for modern timber framed houses where the walls are built using brick, stone or concrete. We have limited appetite for fully timber properties; however we can consider them in some circumstances subject to satisfactory valuation and warranty.
Please contact a member of the Intermediary team in the first instance to find out if a property is eligible.
No - we do not have a minimum and maximum property size for which we will provide lending. This is subject to satisfactory valuation. We would advise discussing this with a member of our team early on in your application.
We do provide lending for studio apartments. Please contact us to discuss further.
Properties situated above commercial premises do fall outside of our lending policy, however we can consider them on a case-by-case basis. Please contact us to discuss further.
If a property has more than six floors, this would be outside of our lending policy. However, we would be happy to discuss this with you. Please contact our team.