Do you accept holiday lets?

We accept holiday lets under the following criteria:

• Min loan size £100,000
• Max loan size £1m
• Max lending 5 properties
• All holiday lets require a physical valuation
• Excludes first-time landlords
• Excludes HMOs and MUFBs
• Landlords cannot live in the property
• Calculation of affordability will be based upon the following ICR:
• 140% @pay rate – Individual applicants
• 125% @pay rate – Ltd Company