Buy to Let Mortgage Holiday Home

A buy-to-let mortgage for a holiday home allows investors to purchase a property that is primarily let to holidaymakers, while retaining limited personal use. This type of lending sits between standard buy-to-let and specialist holiday let mortgages and is available with selected lenders.

Loan-to-Value (LTV)

Holiday home buy to let mortgage options are available at up to 80% loan-to-value (LTV) with certain lenders, although, as with most holiday let lending, the most competitive rates are generally available at lower leverage.

Higher LTV options are subject to stronger underwriting and robust holiday let income projections.

Personal Use Allowance

A key feature of these products is the ability to use the property personally for part of the year. Many lenders permit up to 90 days of personal occupation per year, provided:

• The property is not used as a main residence
• Letting remains the primary purpose
• Personal use does not conflict with any planning or occupancy conditions

This makes buy-to-let holiday home mortgages particularly attractive to investors seeking both income and lifestyle benefits.

Affordability and Criteria

Affordability is assessed using holiday let income projections, rather than standard AST rental assumptions. The property must still demonstrate strong leisure demand and suitability for short-term letting.

Not all buy-to-let lenders allow personal use, so careful product selection is essential.