Buy-To-Let Mortgage for a Holiday Let

Case Study

Buy-To-Let Mortgage for a Holiday Let

Location

Bournemouth

Property Type

Holiday Let

LTV

68%

Lender

United Trust Bank

Scenario

Client approached us with a view to releasing equity in an unencumbered property to allow further property purchases to expand his portfolio.

Solution

We provided a bespoke holiday let mortgage on a 2 yr fixed rate – the benefit of this type of mortgage is that the banks will use the enhanced Holiday Let income to assess affordability rather than standard AST income, which meant we were able to release more monies.
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