The buy to let and holiday market is distinctly different, but often gets merged as one by investors when it comes to getting a mortgage. Often someone will have a buy to let mortgage and then decide to holiday let their investment property. The problem begins when they don’t think this change of use matters to the mortgage company!

Aside from the mortgage differences and making sure the property usage is aligned with the correct finance. Clearly, they are very distinct markets. Below is a little video I did a while ago, but of course, things do change.

One thing is for sure, the buy to let market is much more hands-off than the holiday let sector (unless you outsource changeovers) however the returns can be substantially better for a holiday let. But like all things, this is very much dependent on the type of property and its location.

The other big consideration is the changes in the tax laws for buy to let, which makes holiday lets much more appealing.

Whatever you do, don’t just dive into one or the other without doing a lot of research and due diligence.

Mortgage Broker TV

Holiday Lets v Buy To Lets

What is an AIP?

Big or small deposit when buying a house?

Can I get a mortgage without my partner?

How much can I borrow for a mortgage?

What’s the best 2 or 5 year fixed rate mortgage?

How to turn your buy to let into a HMO?

How to make an offer on a house?

How to invest in property?

How to negotiate a house price?

Do I need a holiday let mortgage?

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