Whether it’s a charming countryside retreat or a picturesque seaside haven, securing a loan against a holiday let property could free up funds for your customer’s next investment.
As part of our new product changes, we improved our Holiday let criteria. Here are some key features:
We lend up to 75% LTV on a 1st or 2nd charge.
We accept 100% of current yearly holiday income from a SA302 or accounts certificate. Also, we can use surplus income or personal income to strengthen application.
New properties? No problem! If the property has been owned for less than a year, we’ll consider 50% of the projected income from a letting agent.
We’ve also updated our product matrices, which you can download here:
We’re here to support you with quick, straightforward, and flexible lending solutions tailored to your customers’ needs.
Let’s chat! If you have any questions or need more details, feel free to reach out to me directly:
Phone: 07562 209858