Mortgage guide
Holiday Let Mortgage Guide: detailed guide
Full guide to Holiday Let mortgages, for new and experienced investors. Discover information on valuations and lending criteria.
- Published
- 13 Apr 2026
- Last reviewed
- 13 Apr 2026
- Reading time
- 4 min
Standard Holiday Let Mortgages Best Rates
For classic holiday let properties, those with no holiday-only occupancy restrictions and located in strong, established tourism areas, lenders offer the widest range of mortgage options and the most competitive pricing.
Buy to Let Mortgage Holiday Home
A buy-to-let mortgage for a holiday home allows investors to purchase a property that is primarily let to holidaymakers, while retaining limited personal use. This type of lending sits between standard buy-to-let and specialist holiday let mortgages and is available with selected lenders.
Holiday Let Commercial Mortgages
Holiday let commercial mortgages are designed for larger or more complex hospitality-style assets that fall outside standard holiday let or buy-to-let criteria. These products are suitable for properties operating as genuine trading businesses or those with planning and occupancy restrictions that prevent residential lending.
Mortgage repayment calculator
Buy to Let Mortgages Holiday Lets
Certain holiday let properties can be financed using buy-to-let (BTL) mortgage products, provided the property and its use meet lender criteria. This route can offer higher leverage and competitive pricing in the right circumstances.
Mixed use Holiday let Mortgage
A mixed-use holiday let mortgage is designed for properties that combine holiday let accommodation with commercial elements, or where part of the property is used for a different purpose alongside short-term letting. These mortgages sit between standard holiday let and full commercial lending and are arranged through commercial buy-to-let lenders or commercial mortgage lenders.
Mortgages for Holiday Lets Near Brighton
Brighton and the surrounding coastal areas are widely regarded as strong locations for holiday let investment, supported by consistent leisure demand, excellent transport links, and year-round visitor appeal. As a result, the area performs well with holiday let mortgage lenders and offers a broad range of funding options.
Holiday Let Mortgage Skye
The Isle of Skye is one of the UK’s standout holiday let locations, renowned for its dramatic landscapes, rugged coastline, Gaelic culture and strong visitor appeal year-round. These fundamentals make Skye an attractive location for short-stay accommodation and holiday let financing, provided properties meet lender criteria and tourism demand is demonstrable.
Holiday Let Mortgage Norfolk
Norfolk continues to be a compelling destination for holiday let investors, supported by strong seasonal demand, a diverse visitor base, and established short-stay markets. With robust tourism fundamentals, lenders are generally comfortable providing specialist holiday let mortgage solutions in the region, particularly where income projections demonstrate sustainable performance.
Holiday Let Mortgage London
London is one of the UK’s strongest and most consistent short-stay markets, driven by international tourism, cultural attractions, major events, and year-round visitor demand.
Holiday lets Mortgages Cumbria
Cumbria, and especially the Lake District National Park and surrounding towns, is one of the most established and consistently strong markets in the UK for holiday let investment.
Holiday Let Mortgage Cornwall
Cornwall remains one of the UK’s most established and well-regarded destinations for holiday let investment, supported by strong and consistent tourism demand. From iconic surf beaches and scenic coastal villages to family-friendly resorts and rural hideaways, the county attracts substantial short-break and leisure traffic year-round, making it highly suitable for holiday let financing.
Holiday Let Mortgages Cardiff
Cardiff has developed into a credible and lender-accepted location for holiday let mortgages, driven by its status as Wales’ capital, a busy events calendar, and consistent short-stay visitor demand. While it is not a traditional rural or coastal holiday destination, lenders increasingly recognise Cardiff as a strong short-break city market when income projections support the case.
Holiday let mortgage criteria
For context, these are the wider product terms covered by this guide. Availability and eligibility depend on your circumstances and the lender.
| Criteria | Detail |
|---|---|
| Max LTV | 80% |
| Minimum loan | None |
| Maximum applicants | None |
| Non-Homeowners | Acceptable |
| Occupancy restrictions | Acceptable |
| Below market value | Acceptable |
| Day one re-mortgage | Acceptable |
| Expats | Yes |
| Foreign nationals | Yes |
| Locations | England, Wales, Scotland and Northern Ireland |
For context, these are the wider product terms covered by this guide. Availability and eligibility depend on your circumstances and the lender.
| Feature | Detail |
|---|---|
| Loan to Value (LTV): | Up to 75% |
| Interest Rate: | Fixed at 4.75% for 5 years |
| Product Fee: | £995 |
Related case studies
Read more about Holiday Let Title SplitHoliday Let Title Split
Discover how we helped split the title of a holiday let to maximise investment returns. Read the full mortgage case study and our tailored approach.
Frequently asked questions
What is a holiday let mortgage?
A holiday let mortgage is a specialist mortgage for properties rented short term to holidaymakers. It differs from residential and buy-to-let mortgages by assessing affordability on projected holiday income, applying seasonal stress testing, typically requiring higher deposits, and allowing limited personal use only where lender criteria permit.
What is the interest rate for a holiday let mortgage?
Holiday let mortgage interest rates typically start from around 4.75% at 75% loan-to-value for standard residential holiday lets, depending on lender, property type, and fees. Rates are usually slightly higher than buy-to-let mortgages due to specialist underwriting, while commercial holiday lets are priced at higher commercial mortgage rates.
What makes a holiday let "restricted"?
A holiday let is restricted where planning conditions, a lease, or title covenants limit it to holiday use only, prevent permanent residence, impose seasonal occupancy limits, or tie its use to a holiday park, lodge site, or managed scheme.
What is the minimum deposit for a holiday let mortgage?
The minimum deposit for a holiday let mortgage is usually 20%, available with a limited number of specialist lenders. Most holiday let mortgages require a 25% deposit, which provides wider lender choice and better pricing, while more complex or restricted properties may require higher deposits.
Can I convert a barn into a holiday let?
Barns can be converted into holiday lets with suitable consent, financed on completion by a holiday-let mortgage on projected letting income. Some Class Q and planning consents restrict use, which is checked first.
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