Your Expert Holiday Let Mortgage Broker
From the outset, one of our highly skilled and experienced advisors will look after you, and lead the way as we cross the mortgage minefield, giving you the very best chance of success with your property transaction.
Unlike other brokers, we focus purely on holiday let mortgages, every day, all year round. We are holiday let mortgage black belts!
Market Update Quarter 4, 2023: Have interest rates peaked?
Following the latest inflation news and feedback from the Bank of England, many people are talking about reaching the peak of interest rate rises. The truth will only really be known in hindsight, but for now, looking at the actions in the holiday let mortgage market, we would say that opinions are still mixed.
Some lenders are actively lowering their rates, whilst others are lifting them. Two and three year fixed rates seem to be moving down whereas five year deals are going up - exactly the opposite of what happened last quarter!
The holiday let market remains as buoyant as ever with quality properties seeing superb booking performance up and down the country. The levels of housing stock remain patchy and competition for the best holiday homes is strong, meaning it's important to have your mortgage finance considered before making an offer.
In conclusion, we see a positive climate for holiday letting, so please do get in touch to with us today to discuss you plans with one of our holiday let mortgage experts.
Here at Holiday Cottage Mortgages, we think getting a mortgage for your holiday let should be easy and transparent. That’s why we put together a platform that could help the process move much more smoothly for customers, minimise paperwork and give people the best chance of success from their application.
We are holiday letting experts with experience working in the industry, and so we know the challenges of the mortgage process for new holiday lets across the UK. We can help you manoeuvre across the bumps that appear along the way whether you’re a cottage in the highlands of Scotland, house on the coast of Wales or a holiday home tucked in a beautiful village in England.
That leaves you to focus on what you want to do: running a successful holiday let business and filling it with happy holidaymakers!