Do holiday lets have to be fully furnished?
Yes, holiday lets do need to be fully furnished.
Can you imagine renting a holiday cottage and arriving to find that it had no chairs or beds! That would not result in an enjoyable holiday.
Holiday lets need to be furnished to a high standard so that guests have all of the amenities they need upon arrival for a comfortable stay.
Holiday lets do have the opportunity to qualify for some beneficial tax treatment if they meet HMRC’s rules for a Furnished Holiday Let (FHL).
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.