Guide to Holiday-Let mortgages
by Furness Building Society
The UK has been enjoying a real boom in staycation holidays and more of us are looking closer to home for cosy cottages, trendy city break apartments and cool cabin holidays.
Across the country, Holiday-Let mortgages are enabling property hunters to tap into the demand for travel by investing in a property that can be let out on short term conditions.
So if you’re looking to generate an income from the holiday home of your dreams, whilst benefiting from regular getaways yourself, then a Holiday-Let could be the perfect fit. The first step is looking into your Holiday-Let mortgage options to get a better understanding of how much you could borrow, as well as the monthly repayments.
To help, this guide breaks down everything you need to know about mortgaging a rental holiday home.