Buy-to-Let Mortgages for Holiday Letting
Buy to Let Mortgages Suitable for UK Holiday Lets
We have a good panel of lenders willing to lend for holiday letting. There is a wide range of mortgage products available for most types of standard UK property
Typical Mortgage Criteria (holiday letting)
- Interest rates from 2.44% (subject to LTV)
- Maximum lending up to 75% LTV
- Minimum property value £50,000
- Maximum loan amount up to £1.5m
- Mortgage terms up to 40 years
Types of Property
- Properties of standard construction
- Freehold houses
- Leasehold flats and maisonettes
- Flats above retail shops (some restrictions apply)
- England, Scotland & Wales
General Lending Criteria: Buy to Let Holiday Letting
- Purchases or Remortgage
- Interest only or capital + interest repayment
- Mortgages up to 75% Loan to Value
- Lending to Limited companies considered
Applicant Profile
- Must be homeowner-occupier and own at lease 1x BTL
- Should have good level of personal income
- Primary personal income should not be from BTL rental
- No maximum age (subject to retirement income)
Available on-line at www.btl-direct.com