Commercial Holiday Let Mortgage

We assist borrowers with commercial holiday let mortgages where a property operates as a trading holiday accommodation business and does not meet standard residential or buy-to-let lending criteria. This includes hotels, guest houses, B&Bs, apart-hotels, cottage complexes, smallholdings with holiday use, and properties subject to holiday-only occupancy restrictions or non-residential use classes. We advise on the correct lending route from the outset, identifying when a commercial mortgage is required and avoiding unsuitable residential applications. Our experience covers properties with C1 or similar use, mixed-use assets, multi-unit schemes, and trading holiday let businesses.

We assist with structuring cases at up to 75% loan-to-value, advising on deposit requirements, product selection, and lender appetite. Where trading accounts are available, we work with lenders who will consider MV1 going concern valuations. Where accounts are not available, we place cases on a vacant possession or 180-day valuation basis, depending on the lender and asset type.

We also support borrowers where experience is limited or absent, including first-time buyers. For more complex or commercial holiday let purchases, we advise on minimum income expectations, often around £50,000 for first-time buyers and ensure the application is structured to meet lender risk requirements.

By operating on a whole-of-market basis, including specialist commercial lenders and private banks, we are able to source suitable funding even where properties fall outside mainstream criteria. Our role is to ensure the mortgage is compliant, sustainable, and aligned with the way the business will operate, both at purchase and long term.