Holiday Let Mortgages

Ramsay & White is an established mortgage brokerage that provides borrowers access to lenders offering holiday let mortgages.

We source from a range of lenders to choose the right product whether your property is in England, Scotland or Wales.

Discuss your case

Learn more

Holiday Let Mortgages FAQs

If you're considering taking out a Holiday Let Mortgage, you likely have a few questions.
Here are some of the most frequently asked questions we receive:

What is a holiday let mortgage?

A holiday home mortgage is a type of mortgage used to purchase a property that will be used as a holiday home. At Ramsay & White, we offer competitive rates on holiday home mortgages to help you finance your dream vacation property.

What are the eligibility criteria for a holiday let mortgage?

The eligibility criteria for a holiday home mortgage can vary depending on the lender. However, we consider factors such as the value of the property, the borrower's credit history, and the income generated by the property when assessing your eligibility for a holiday home mortgage.

What is the maximum loan-to-value (LTV) ratio for a Holiday Home Mortgage?

The maximum loan-to-value ratio for a holiday home mortgage can vary depending on the lender and the borrower's circumstances. However, at Ramsay & White, we can offer up to 75% LTV, subject to eligibility criteria.

What is the minimum deposit required for a Holiday Home Mortgage?

The minimum deposit required for a holiday home mortgage can vary depending on the lender and the borrower's circumstances. However, at Ramsay & White, we offer holiday home mortgages with deposits as low as 25% of the property value.

Can I use a holiday let property as a holiday home?

While a holiday let property is intended for commercial purposes, you can still use it as your holiday home. However, it’s important to consider how to finance a holiday home if personal use might affect your bookings and income.

Can I buy a holiday let property with a buy-to-let mortgage?

No, you can’t. You need a specific holiday let mortgage to finance a holiday home. That’s because lenders look at different criteria when your property will only be rented out at certain times of the year.

What is the minimum holiday let mortgage deposit?

The minimum requirements for a holiday let mortgage deposit can vary depending on the lender and the borrower's circumstances. However, at Ramsay & White, we offer holiday home mortgages with deposits as low as 25% of the property value.

Have more questions?
Schedule a call with our Team

Schedule a Call

Our Mortgages Client Reviews

Read what our clients have to say about their experiences with our mortgage services and how we helped them achieve their property goals.

Great service from Indigo at Ramsay & White. She is very knowledgable and super responsive - and has got the mortgage offer through in record time! Thank you so much for all of your time and support, Indigo.

Nadine Jump

Glad I used Ramsay & White (Jordan and Dean in particular) for a BTL mortgage. They were professional and responsive, and I was able to get an offer from the bank in timely manner. I would highly recommend R&W, they are great!

Emmanuel Unuigboje

Worked for Joel and the whole team for over 4 years now. Residential, commercial and bridging finance. Always super professional, quick, efficient, helpful and on the end of a call anytime. Highly recommended and we see them as an extension of our own team.

Steven Pardoe

We did our mortgage and remortgage with Hannah Price, she was fantastic! She was very knowledgable and helped us find the best offers for us! I would definitely recommend her to anyone!

Jordanne Casburn

Special thanks to Olly & Will for helping me as a first time buyer. Replies were prompt and they provided me with regular updates. Completely put me at ease, they explained the process and how to get the best deals! Would highly recommend, great customer service.

Alice Evans

I've completed multiple mortgages with help from Chris at Ramsay & White, and intend to do many more, because of Chris's overall excellent service. I would highly recommend. Thanks Chris.

Matt W.

Great service from Ramsay & White. Joel took the time to meet via zoom to fully understand my requirements before recommending any services/products moving forward. Will Roberts provided weekly+ updates for remortgage and quickly found alternative offers when required. Remortgage completed quickly and without any issues. Excellent customer service, friendly and professional. I would highly recommend!

Ray Dainton

Thank you for another easy re-mortgage on one of our properties. You guys are always so helpful and keep us informed each step of the way! We couldn't do what we do with you and your team.

Felicity Antill

How we help you

Our Process for Holiday Let Mortgages

We like to work with lenders who adopt a flexible approach to lending and, unlike some lenders, will include gross holiday rental income as well as personal income when calculating affordability for your mortgage.

Ready to get started?

Initial Consultation

We'll start by scheduling an initial consultation with you to discuss your goals and requirements for your holiday let property. This consultation will help us understand your investment goals and objectives, as well as any specific challenges or concerns you may have.

Detailed Analysis

Our experts will conduct a thorough analysis of the holiday let rental market to provide you with a comprehensive understanding of the local rental market conditions. We'll analyse factors such as demand, competition, and rental rates to help you determine the potential rental income of your property.

Property Sourcing

If you're in the market for a holiday let property, we can provide property sourcing services to help you find the ideal property for your investment goals. We'll help you find properties that fit your budget, location preferences, and investment goals, and provide you with expert advice on evaluating and selecting the right property.

Expert Advice

Based on your requirements and goals, we'll provide expert guidance on the most suitable mortgage products for your needs. We'll help you evaluate the benefits and drawbacks of different mortgage products and ensure that you have a mortgage that's tailored to your specific requirements.

Ongoing Support

Our team will provide ongoing support and guidance throughout the mortgage process, from application to completion. We'll keep you informed of progress, answer any questions you may have, and ensure that the process runs as smoothly as possible.

a living room filled with furniture next to a swimming pool

Speak to an Advisor

Complete the form below and a member of our team will be in touch.

Form sent successfully.
Our team member will be in contact with you shortly.

Something went wrong while submitting the form. Please try again.

News & Updates

Latest Insights and Updates on Mortgages

Explore our latest Mortgage insights, case studies and news.

Looming cardboard boxes in front of a window.

Mortgages

Smart contracts in real estate: Automating and simplifying property deals

Buying a house can be exciting. However, it’s also considered one of life’s most stressful events.

The BRRR Property Strategy Explained

BRRR stands for Buy, Refurbish, Refinance, Rent. The BRRR Method is a real estate investing technique that entails purchasing a property, fixing it...