Can I remortgage a holiday let?
Yes, remortgages are available for holiday lets.
Mortgages are generally available up to 75% loan to value (LTV).
You will have the normal remortgage options to choose from, so this could be a good time to borrow extra money, change the mortgage term or review the repayment method. Like other remortgages, there’s no need to pay a cash deposit as the lender takes your equity into consideration.
HOW CAN WE HELP?
Choosing a mortgage is an important financial decision and it’s easier with someone who’s on your side. We work as a whole of market mortgage broker so that you get the best possible choice of mortgages.
DRAKE MORTGAGES ARE EXPERT BUY TO LET MORTGAGE BROKERS
We are experienced whole of market brokers who can help you get a great holiday let mortgage.
We can also give you access to exclusive schemes and some specialist lenders who don’t deal direct with borrowers. Loans are available to individuals and SPV’s upto 75% and we can help with Scottish properties, mixed use, multi-lets and Airbnb.
Bridging loans are one of the most useful, multi-purpose, types of lending solutions available. You can get a bridging loan approved on almost any property for almost any reason. Great for auction purchases or snapping up a buy to let bargain.
And we can arrange them really fast.