Holiday Let Mortgages
Secure the perfect mortgage for your holiday let with Fennel Financial. Our dedicated team ensures you find the right financing to make your vacation rental investment a success.
Your Path to a Successful Holiday Let Investment
Holiday let mortgages are for individuals who want to purchase a property specifically to rent out to tourists on a short-term basis as a business venture. This is different from a holiday home mortgage, which is intended for buying a second home for personal use rather than generating rental income.
Since holiday lets are considered an investment, lenders assess factors such as projected rental income, location, and seasonal demand when determining eligibility.
When managed well, a holiday let can provide strong returns on your investment while also giving you a property to enjoy yourself. If you need financing to make this a reality, a holiday let mortgage is the solution.
With access to a wide range of lenders across the UK, we identify the most suitable mortgage products that align with your requirements. From flexible repayment options to competitive interest rates, Fennel Financial is your ideal partner in making informed decisions for your holiday let investment.
Get in touch
5.0
0 Reviews
Our Holiday Let Mortgage Services
Fennel Financial offers a comprehensive range of services to support your holiday let mortgage journey. From initial advice to finalising your mortgage, we ensure a seamless experience.
Personalised Advice
Our experts provide tailored advice based on your unique financial situation and investment goals.
Wide Lender Access
We collaborate with a diverse range of UK lenders to find the best mortgage products for your holiday let.
Why Choose Fennel Financial for Your Holiday Let Mortgage
Selecting Fennel Financial means partnering with experienced advisors dedicated to finding the optimal mortgage solutions for your holiday let investment. We prioritise your needs and work diligently to secure the best possible terms.
Expert Guidance: Our knowledgeable team navigates the mortgage market to find the best options for you.
Personalised Solutions: We tailor our services to match your specific financial circumstances and investment objectives.
Comprehensive Support: From application to completion, we assist you throughout the entire mortgage process.
Understanding Holiday Let Mortgages
This type of mortgage differs from a holiday home mortgage, which is intended for properties used solely by the owner rather than being let out to paying guests. Since a holiday let is considered a business investment, lenders will assess the potential rental income rather than just personal income when determining affordability.
Holiday let mortgages often have different lending criteria, including higher deposit requirements and specific rules regarding occupancy rates and furnished holiday let status. At Fennel Financial, we work with specialist lenders who understand the unique nature of holiday lets and can help you secure the right financing solution for your investment.
Book an appointmentFrequently Asked Questions
Find answers to common questions about holiday let mortgages and how Fennel Financial can assist you in securing the right financing for your investment.
A holiday let mortgage is a financing product tailored for properties rented out on a short-term basis to holidaymakers. It accounts for the seasonal nature of rental income and the specific needs of holiday property investors.
Holiday let mortgages are designed to handle the fluctuating income from seasonal rentals and often offer features like flexible repayment terms and interest-only options, which are not typically available with standard residential mortgages.
You’ll need to provide financial documents such as income statements, details of your existing properties if any, and information about the holiday let property you intend to purchase, including its location and expected rental yield.
While bad credit may pose challenges, Fennel Financial works with a variety of lenders, some of which specialise in high-risk mortgages. We can help you find a suitable lender and improve your chances of approval.
Loan-to-value ratios for holiday let mortgages typically range from 60% to 75%, depending on the lender and the borrower’s financial profile.
Fennel Financial provides expert advice, accesses a wide network of lenders, and helps you navigate the mortgage application process to secure the best possible terms for your holiday let investment.
Still have Questions?
Use the links below to get in touch with the Fennel team
