HOLIDAY LET MORTGAGE CALCULATOR
HOW MUCH STAMP DUTY WILL I PAY?
HOW MUCH CAN I BORROW ON A HOLIDAY LET?
The calculation below will give you only an estimate of what you may be able to borrow based on your current monthly rent. There are many factors that contribute to the amount you may be lent and the figure below cannot be used as guaranteed amount.
Check to see if your holiday let property will qualify as a Furnished Holiday Let (FHL) which has advantageous tax rules. If you think it will qualify, make sure your Accountant understands this.
Ensure you have the right type of property insurance for your holiday let. A standard home policy will not be sufficient.
Please contact us whether you have found a property or project that needs financing or you are just in the early stages of forming a plan.
It's often an advantage to discuss the financial side of a deal before everything has been agreed. So please call us on 0800 840 3111 and tell us your holiday let ideas.