Our second home products can support borrowers looking to purchase or remortgage a second home property which may be let on a short-term basis for up to 90 days per year.
Who is this product suitable for?
- Existing Homeowners looking to purchase or remortgage their second home
Product Details
- Repayment, Interest Only and Part&Part mortgages available
- Maximum loan size: £3,000,000
- Maximum 90 days per year of short term letting
- No AST or contract for tenant
- Overpayments of up to 10% per annum of the original loan amount are allowed without penalty
Additional Details
- Not available to properties on holiday parks or subject to occupancy restrictions
- Affordability is solely based on personal income and no income from short term letting is used