Self-build and Holiday Let criteria enhancements
We’re delighted to announce that we’ve made further enhancements to our self-build and holiday let criteria as we continue to improve our product range, following our phased return to the market earlier this year.
We will now be allowing additional flexibility on the age of applicants that we accept for self-build mortgages, meaning that we have made our self-build product range accessible for those within the in and into retirement age bracket.
In addition, while our holiday let product was previously only available for remortgages, we will now also accept holiday let purchases. In order for a holiday let purchase case to be submitted, we will require a rental estimate, provided by an ARLA approved lettings agent, as well as a breakdown of any expected maintenance costs.
Full information on our self-build and holiday let criteria is available in our Intermediary Manual and product details, which can be accessed through our website.
If you would like to discuss any of these changes or you are looking to make an enquiry about a new case, please call our Business Development Team on 01384 489195.
If you would like to discuss any of these changes or you are looking to make an enquiry about a new case, please call our Business Development Team on 01384 489195.