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Second Home Mortgages

The demand for second homes and therefore second home mortgages in the UK is currently growing and there are many reasons why people might look towards owning a second home these days. From those looking to regularly escape the pace of the city at the weekend through to those looking for the occasional holiday getaway, a second home/holiday home is often a good option.

The emergence of managed holiday home developments has made investing in a second home an attractive option for many, with the ability to use the property as a getaway as well as the option of managed lettings, the market for these properties is growing.

Often these properties lie in areas of outstanding natural beauty or national parks and therefore may have restrictions limiting them to second home use.  There are also a number of developments where the properties feature an unusual construction type and / or where the developer require's funding in stages to match the build.  Securing finance on such properties can be vastly different to looking for a mortgage on a main residential property and often both high street lenders and private banks have a bespoke approach to funding them.

When sourcing a second home mortgage it's wise to seek professional help from someone with experience of funding these types of properties and who understands how individual lenders approach these issues. 

Our team of qualified mortgage advisers have access to an extremely comprehensive range of lenders and specialist knowledge and experience in funding second homes. We pride ourselves in offering a bespoke mortgage package that is tailored to your individual circumstances so to talk with one of our team about second home mortgages directly call us now on 0117 9675 052.