Holiday Let Calculator & Assessment

We don't provide a specific calculator for our holiday let products.

In order for us to confirm the maximum borrowing available on any Holiday Let application, we require a letter from the Letting Agent on headed paper to confirm the following details:

• Details of the Low, Medium and High Season Rental Figures either in weekly, monthly or annual format - Please note, we are unable to accept any letters from the letting agent that do not specifically categorise the Low/Medium/High seasonal rent figures
• Letting Agents fees as a percentage - We need to be made aware if this figure includes or excludes VAT
• Occupancy rate - as a percentage or breakdown of expected Weekly Stays vs Short Breaks
• Confirmation as to whether the property is currently in a lettable condition

The letter must be based specifically on the subject property and not on properties in the area.

The Holiday Let Letter should be supplied at the point at which your Decision in Principle is submitted. Decision In Principle Applications will not be assessed until an acceptable holiday let letter is supplied. If this is not supplied in a timely manner, the case will be declined and resubmission required.

If you would like to obtain an understanding of your case’s affordability before Decision in Principle, please provide the above information to intermediaries@bucksbs.co.uk. Please note, however, this would be an estimation until the Decision in Principle in reviewed in full.

Please see below for an example of an acceptable holiday let letter or click here to download our pdf guide