Mortgages for second homes and holiday lets with Airbnb accepted
We'll now accept applications for second homes and holiday lets where borrowers wish to use Airbnb.
The move creates an opportunity for borrowers to rent properties out on shorter and non-fixed-term agreements.
We've also introduced additional flexibility on overall income, by taking into consideration holiday let income where there’s a proven track record. The products are available on purchase and remortgage.
Cammy Amaira, Director of Sales & Marketing, commented:
“After listening to brokers and the marketplace, we can now accept applicants who wish to let their property over a short term, including AirBnB. The changing nature of people’s working circumstances for example, means that some tenants require shorter or more flexible rental periods. It therefore makes sense to accommodate landlords who wish to attract shorter term tenancies”.
Learn more about our Second Homes and Holiday Lets mortgage for purchasing here
Learn more about our Second Homes and Holiday Lets mortgage for remortgaging here