Mortgages for Business is committed to keeping both our staff and clients safe during the COVID-19 outbreak while maintaining the best service possible. Our teams are working from home, but donā€™t worry, you can still contact us in the usual ways.
To read our comprehensive FAQ guide on how the emergency interest rate reduction and Coronavirus outbreak could affect your mortgage, please click here.
If you want to request a payment holiday, please contact your lender directly. For lender contact details, click here.

I know only a few lenders who accept holiday lets ā€“ why so few? How risky is it?

I know only a few lenders who accept holiday lets ā€“ why so few? How risky is it?

Only a few lenders operate in this niche area because there is not huge demand. It is no more risky than any normal commercial mortgage where the lender takes into account the strength of the property and financial position of the borrower.

For more information on this type of finance give us a call on 0845 345 6788.

NB: ANY PROPERTY USED AS SECURITY, WHICH MAY INCLUDE YOUR HOME, MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

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