As the leading UK broker for mortgages used to finance holiday and other short term rentals, we have over the years helped many customers to achieve their dream of owning a property on a quality holiday park.

Over the last couple of decades, holiday parks have evolved considerably in terms of what they offer their customers. As an example, take a look at something like the The Cotswold Water Park. It’s beautifully kept and set in around 40 square miles of the countryside of Gloucestershire, Wiltshire and Oxfordshire. There are lakes (lots of lakes) wildlife, leisure activities and everything that would attract tourists to visit. The Cotswold Water Park is just one of many quality UK holiday parks that offer resort style self-catering accommodation. Some locations are very family friendly, whilst others are more adult focused in terms of accommodation and facilities.

In terms of property investment, such places can make a great place to own a holiday let, if you do your homework. Until recently, financing properties on holiday parks was very difficult, sometimes impossible. Most lenders specialising in mortgages to finance holiday and other short term rental property avoided holiday park locations altogether. Those that did charged high rates of interest at low loan to values. Whilst this is still the case today for parks that are not considered to be good quality in terms of the accommodation and facilities offered, some lender are now willing to fund the purchase of properties on certain quality holiday parks at more reasonable rates of interest.

We have put together some basic mortgage lending criteria for you in terms of property tenure, construction and type of park:

  • Property tenure must be freehold or long leasehold, no licensed sites. Minimum unexpired lease, 99 years
  • Minimum value/purchase price £250K
  • Minimum loan £100K
  • Properties restricted to holiday let use only acceptable, subject to wording
  • Property must be standard construction. No log cabins

If you are thinking of purchasing a property on a holiday park, please call us with details of the park, so that we can check whether it will be accepted.

Need help finding a holiday let mortgage for a holiday park property? Call the experts on 0800 840 3111

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 …