We provide mortgages for the purpose of purchasing, remortgaging or capital-raising against holiday let property owned through limited companies in affluent coastal and national park locations.
We lend against purchase price, open market vacant possession, or investment valuation - whichever is lowest.
We are able to lend to the following:
We accept the following as security:
All loans are subject to status and secured against the property with full personal guarantee(s) required. Sometimes additional security may be required. Early repayment charges and an arrangement fee apply. Other fees may also apply. Exclusions and conditions apply. For more information you can call us on 0333 414 1171.
Contact your dedicated regional team here.
You can pay off your mortgage early whenever you want, but you will have to pay an early repayment charge if you repay all or part of your mortgage within a specified period. Additional interest will be payable in the event of early redemption of the mortgage. Please contact Commercial Lending on 01733 372 425 to discuss what Early Repayment Charges are applicable to our products.
For a full list of our mortgage charges and a description of when these may apply, you can download our Guide to Buy to Let Fees and Charges (117 KB) .
Yes. Owner stays are acceptable up to a maximum of 90 days per annum.
Yes. We’ll instruct experienced valuers to provide a detailed report on the property; they’ll be able to indicate what the holiday rental value of the property is.