Holiday Let Mortgages
Make your investment work for you
The UK holiday let market grew rapidly in the wake of the Covid-19 pandemic; an increase in 'staycations' saw holiday let investors experiencing unprecedented demand.
Holiday let mortgages are designed for properties that are rented out on a short-term basis, usually at peak times of the year. They differ from buy-to-let mortgages (which are designed for longer-term lets), and from residential second homes (which have restrictions meaning they cannot be let for commercial purposes).
The lending criteria for a holiday let also differs from other types of mortgage, and as such, it is important to understand how affordability is calculated and the best approach forward in securing the most appropriate finance for your property.
Mortgage Evolution can help to guide you through the process:
- New and experienced landlords
- Any location in the UK
- Access to all lenders
- Standard or specialist properties (both new and existing)
- Lending to Limited Companies or in personal names