What if you want to buy a second home/holiday home and let it out when you are not using it – what sort of mortgage would you need to get?

What if you want to buy a second home/holiday home and let it out when you are not using it – what sort of mortgage would you need to get?

This type of purchase would be treated in the same way as a normal, regulated home-buyer mortgage. In this case rental income would not be taken into account, only the borrower’s income, their existing mortgage payments plus any affordability checks.

For more information on regulated home-buyer mortgages, including rates and fees, visit our residential section.