Holiday Let 

A residential property let for short term use (typically a few days or a week or two) as a break, rather than for longer term living accommodation.
What we look for:
Located in a genuine holiday destination, i.e. seaside town or area of historic / natural beauty.  Not town or city centre properties used by contractors or commuters.
The property should be let on a furnished basis.
There must be good demand for holiday rentals of this type in the area.
Appropriate planning permission / change of use must be in place.
Maximum £1.5m loan per property.
No long term tenancies should be in place.
Evidence of rental income via financial accounts / Tax Overview Statement, bank statements or a Letting Agent declaration of likely rental income for the next 12 months. A holiday let rental estimate will also be requested from the valuer.
The customer should be able to demonstrate an ability to bridge any difference between potential AST income and stress tested holiday let affordability.
What we won’t do:
Properties in holiday parks / villages, caravans, shepherd huts, log cabins, yurts and lodges.

Check our product criteria

Find out more about our risk appetite before you apply. 

Investment criteria

View our criteria for industrial, offices, leisure and retail sectors.

How to apply

Check out our useful guides and find out more about our processes and support that we offer. 

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