Tag: Holiday Let Mortgage
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Marsden’s New Expat Holiday Let Mortgages
If you’re an expat looking to invest in UK property, Marsden Building Society has just relaunched their expat holiday let mortgage range, making it easier than ever to get a slice of the lucrative holiday market in England and Wales. What’s on Offer? Marsden is offering competitive rates starting from 5.89%, making it a serious…
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Furness Building Society Slashes Fixed Rates
Furness Building Society has announced cuts to their fixed-rate mortgages for both homeowners and landlords, with some rates dropping by as much as 0.35%. This could mean significant savings for those looking to buy a home or remortgage their existing property. Here are some of the key reductions for homebuyers: What about fees? Some of…
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Holiday Let Mortgages – More Choice, But What’s the Catch?
The number of holiday let mortgages has exploded, with 445 options now available, compared to just 362 in August 2023. That’s not all – the number of lenders offering these deals has also increased, now sitting at 34 compared to 32 just a few months ago. The majority of these lenders are building societies, so…
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Marsden Launches New Holiday Let Mortgage Deal
Are you thinking of becoming a landlord or perhaps expanding your portfolio? Marsden Building Society has just launched three new mortgages specifically designed for furnished holiday lets (FHL). These mortgages offer some perks that could make them a great option for your investment needs. These new mortgages come with no booking or arrangement fees for…
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LendInvest Cuts BTL Rates and Expands Loan Options
LendInvest Mortgages has rolled out significant enhancements to its Buy-to-Let (BTL) mortgage offerings. The updates are a mix of lowered interest rates and increased loan limits, aimed at providing landlords and property investors with more flexible and affordable financing options. In a move that benefits landlords, LendInvest has slashed its BTL mortgage rates by up…
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Chorley Building Society Unveils New Mortgage Options
Chorley Building Society has broadened its array of mortgage products, catering to diverse needs such as buy-to-let, holiday lets, second homes, and later life financing. This expansion not only provides new opportunities for existing landlords but also welcomes first-time landlords and buyers into the fold. New Opportunities for Landlords Among the newly introduced options are…
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Clampdown on Airbnb Mortgages in English Hotspots
A leading building society has announced it will stop offering mortgages for new Airbnb properties in parts of England. This decision follows the announcement of government plans that aim to free up homes for local residents and regulate holiday lets more strictly. Leeds Building Society is setting a precedent by halting the provision of new…
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Finding and Financing a Holiday Let
In recent years, the UK has seen a significant surge in the popularity of holiday lets. Property owners across the nation are unlocking the potential to earn a lucrative income by renting out their spaces to holidaymakers. This guide covers the essentials of turning your property into a profitable holiday let, from securing the right…
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Holiday Lets – New Mortgage Platform Launches
Holiday Cottage Handbook (HCH) and HD Consultants have joined forces to launch a new platform offering specialised mortgages for holiday let properties. This collaboration aims to simplify the process for those looking to invest in holiday homes, a market that has seen growth in recent years. HCH Financial Services, the newly formed entity, is looking…
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Airbnb Hosting – How Two Londoners Juggle Properties for Work and Pleasure
Tori Longdon and Jack Merrylees, a couple from London, embarked on an adventurous journey that transformed their lifestyle into something quite unorthodox. The Standard today tells their story, which starts with a spontaneous weekend trip to the Cotswolds, a region known for its idyllic landscapes and charming villages. During this trip, they encountered Bibury, a…