Here comes the sun (hopefully – it is the UK after all!)
As well as competitive rates, we’ve got some fantastic criteria points that are sure to bring some sunshine to you and your clients.
Here’s all the key information you’ll need:
- No minimum personal income requirement
- We’ll lend in England and Wales (but not currently in Scotland)
- Maximum loan £750k
- ICR 160% @ 6.25% over 32 weeks for 5 year fixed rates
- ICR 160% @ 6.25% over 32 weeks for like-for-like remortgages
- ICR 160% @ 8.25% over 32 weeks for all other lending
- Personal use permitted for up to 60 days per year
- Up to two holiday lets allowable
- Personal name only (we do not accept limited company holiday let applications)
- Have an EPC rating of E or higher
All this plus:
- We pay a proc fee of 0.50 bps
Our current Holiday let products (all available at up to 75% LTV)
See our Holiday let rate card.
Acceptable Holiday Letting Agents
We will accept estimates of rental income as part of holiday let applications from the following letting agents:
If your agent is not on the list above, please contact your BDM.