Looking for a mortgage to fund a holiday let either over seas or here in the UK?
Get started by Booking a free, no obligation meeting today!
Call and speak to an adviser on
What is a Holiday-Let?
A holiday let mortgage is designed for people looking to borrow money to buy a property that will be let out on a short-term basis to tourists as a business. It is different from a buy-to-let mortgage, where you borrow money to buy a property that will be let-out on a long-term basis.
For a property to count as a holiday let, rather than a buy-to-let, it must be available for letting as furnished holiday accommodation for at least 210 days per year. That still leaves 22 weeks of the year when you can enjoy your holiday home.
Holiday let mortgage
The interest rates on a holiday let mortgages are considerably higher than a residential mortgage. This is due to the fact that the lender is taking a bigger risk by loaning you the money for a property that may or may not have regular tenants throughout the year.
Frequently Asked Questions
What’s the difference between buy-to-let and holiday let?
A buy-to-let is a property you would rent out over a long period of time where as a holiday let is only a short period of time.
What deposit do you need for a holiday let?
At least 25% to open up more of the market.
The Mortgage Process
What you get with Financial Fortress
Authorised and Regulated by the Financial Conduct Authority
No cost or obligation initial meeting for everyone!
Select an option below
“Great advice given by Financial Fortress Ltd, always clear and well explained. Wayne and team offer an excellent service, nothing is too much trouble and we are never rushed into making any decisions. Excellent customer service.”