Welcome to the reallymoving forum
Got questions and need some advice? Our forums have answers on everything from choosing the right property, to renting and selling.
  • If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below.


No announcement yet.

Holiday Let Mortgages

  • Filter
  • Time
  • Show
Clear All
new posts

  • Holiday Let Mortgages

    Will the merger of Skipton & Scarborough Building Societies affect Holiday let Investors?

    Scarborough were one of a minority of mortgage lenders whom were happy to lend on properties with holiday let restrictions, and were flexible with their underwriting approach to such cases.

    If Skipton do not 'carry the mantle' so as to speak, this could cause further problems to an already troubled holiday let market.

    As the pound has weakened against other currencies, holidaying within the UK will become more attractive to the British public and overseas holidaymakers, increasing the demand for holiday homes around the UK.

    There are many holiday let developments, either complete or still in the process of being built, throughout the country. This twinned with numerous holiday let investors keen to purchase it is necessary that there are various finance options available.

    Hopefully lenders will have the foresight to recognise the opportunity to be had in this niche market and begin to provide further offerings.
    Worldwide Financial Planning is a specialist independent provider of Large mortgages.