At The Mansfield, our individual approach allows us to offer holiday let mortgage lending up to 70% loan to value (LTV).

Landlords owning, or looking to buy a holiday let, can occupy the property themselves for up to 60 days per year.

Properties used for holiday lets must have a minimum property value of £150,000 and qualify as a Furnished Holiday Let under HM Revenue and Customs (HMRC) requirements. Lending on holiday parks or complexes, B&Bs, AirBnB and properties subject to title, local or occupancy restrictions are excluded.

We assess affordability for holiday let mortgages based on a proportion of the annual average of Low, Mid and High Season income and we can take into consideration earned income or other personal wealth.

For more information please see section 5 of our Buy to Let Mortgage Guide. You might also be interested our holiday let case study.

As a result of the current Coronavirus situation, we have temporarily withdrawn this range of products. Whilst we currently have no products available in this sector, we still have a wide range of products available for both savings customers and mortgage borrowers looking to remortgage an existing property. We will be expanding our range of products again as soon as we can.

If you are still interested in this product range, let us know by completing an online enquiry form and we will contact you as soon as products become available.