Before we agree your mortgage we’ll need to establish that you can afford to meet the monthly payment.
This mortgage is available on Holiday Let properties located in England and Wales.
This mortgage is available for Holiday Let purchase, remortgaging, product switch and additional borrowing.
Holiday Let mortgages will be considered on a case by case basis.
- Borrow up to 75% of the property's value
- Rental income must be at least 140% of the monthly mortgage interest payment based on an interest rate of 5.50%
- Buy to Let Mortgages are not regulated by the FCA
- We regret that we're unable to lend on Houses in Multiple Occupation (HMOs)
- The total lending must not exceed £2,000,000 and we do not lend if you have three or more mortgaged Buy to Let properties
YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
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of the Holiday Let 2 Year Discounted Variable Rate Mortgage
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