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.

These properties are typically standard residential dwellings that are let on a short-term basis to holidaymakers, without planning or legal restrictions limiting occupation.

Loan-to-Value and Rates

For classic holiday lets, mortgages are commonly available at up to 75% loan-to-value (LTV), which represents the most competitive tier of the market. At this level, borrowers benefit from:

• Lower interest rates
• Broader lender choice
• More flexible underwriting

While higher LTV options may exist in limited cases, 75% LTV remains the optimal balance of leverage and pricing.

Borrower Types Accepted

Classic holiday let mortgages at 75% LTV are widely available to:

• Personal borrowers
• Limited companies (SPVs)
• UK expats

Affordability is assessed in the same way across all borrower types, using professional holiday let income projections and standard stress testing.

Location Criteria

Strong location is critical. Lenders look for:

• Established leisure demand
• Consistent short-stay bookings from holidaymakers
• Year-round or seasonal tourism strength

Properties in well-known coastal, rural, and lifestyle destinations and select leisure-driven cities, typically meet these criteria.