It's that time of year again where your clients go on holiday, have an amazing time away and then decide they'd actually love to keep a piece of that holiday for themselves... by buying a property at the coast!
For the next few months, enquiries for holiday let products will be flooding in, so now seems like the perfect time to remind you about our holiday let proposition.
Firstly, for a property to be considered as acceptable security, it must qualify as a Furnished Holiday Let under the HMRC definition.
All properties located on holiday parks/complexes, B&B, flats, leasehold properties and properties that have an occupancy restriction are unacceptable.
Other key features include:
- Maximum loan to value (LTV) of 75%
- Loans from £50,000-£750,000
- Applications accepted from individuals or limited companies
- Standard credit criteria applies
- Other fees & T&Cs apply
We also offer options for ExPats!
For more information, or to discuss a potential case, speak to your Key Account Manager now!
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