Holiday let mortgages can be hard to arrange and are generally excluded from standard buy-to-let mortgage schemes. Many finance lenders will not lend on a property that will be used and let out as a holiday home. Fortunately, we know the lenders that do like holiday let mortgages and second property mortgages.

Holiday Letting is deemed a commercial enterprise. HMRC take this view and this can only be a good thing (see Tax Guide)

Loans secured on Holiday Let properties sit awkwardly between two stools – a loan supporting a business but secured on a residential property. At Holiday Let Mortgages we have many years’ experience in arranging holiday let finance, in most cases at non-commercial rates (subject to status). See below for an idea of what is possible, then when you are ready, call one of our advisers for an in depth discussion.

  • purchases and re-mortgages of holiday let properties up to a maximum loan to value of 75%, including new build flats
  • purchases of second homes with limited holiday letting use to 85% LTV
  • limited company holiday let (trading company or SPV)
  • first time buyer loans available
  • max loan size (subjects to limits above) assessed on rental income or a combination of rental and personal income
  • non-traditional construction available. Minimum value £150,000
  • properties in Scotland
  • multiple self -contained holiday lets on a single title
  • mixed use/multiple unit holiday lets, where the owner is resident
  • holiday let development/conversion and bridging finance
  • capital raising on a first or second charge basis available

Please contact us to discuss your holiday let mortgage requirements or call 0800 840 3111

Mortgage Calculator

Use our online mortgage calculator to calculate the approximate monthly cost of your mortgage.



Other Information

Tax info
Tax info

Understanding the tax liabilities (and breaks) that are typically associated with a holiday let property can help you calculate the profitability of your investment.

Read our short guide here for more information …

Case Studies
Case Studies

At Holiday Let Mortgages we like to try and help our customers understand exactly what we do by using real case studies to bring our work to life.

Read on for some real stories of customers we have helped …

Jargon buster
Jargon buster

We believe in plain speaking and try to avoid jargon at all costs. That said, sometimes we have to use it.

Read our short Jargon Busting guide, helping you understand your BBR from Debenture, and your Mundic from LIBOR …