| The great British holiday is booming again, with | | | | home, then you will be able to make the most of |
| more and more Brits now opting to stay in the | | | | the tax breaks which you are allowed. This is |
| UK for their main summer holidays and rent | | | | because the Inland Revenue classes' holiday let |
| accommodation on a self-catering basis. As | | | | properties as a business. |
| self-catering is coming back in style, now is the | | | | When searching for a mortgage for your holiday |
| perfect time to purchase that property to let. | | | | let, it is essential that you make sure you know |
| And while finding a UK holiday let mortgage that | | | | what is entailed in the mortgage and that you |
| gives good value can be a daunting task, by using | | | | read the small print in the policy to ensure that |
| a specialist broker it needn't be. | | | | you get the right deal. There can be many hidden |
| The majority of people who purchase property | | | | exclusions within mortgages and can sometimes |
| to let as a holiday home will finance some of the | | | | be well hidden in the small print and not always |
| cost by remortgaging their present home and | | | | pointed out. |
| getting a specialist mortgage for the rest. There | | | | A reputable broker will help you choose the deal |
| are certain rules and guidelines that you need to | | | | that best meets your circumstances. |
| follow when getting a mortgage for, and owning, | | | | Holiday properties for letting can be a great |
| a holiday home. | | | | investment. They can bring in as much during the |
| As long as the property which you are intending | | | | main six week school summer holiday period alone |
| to purchase for let is fully furnished and you are | | | | as a normal rental property would bring in during a |
| able to actually rent it out for at least 70 days | | | | period of six months. And they make a perfect |
| during a 12 month period, then getting a UK | | | | place for you to retire to, should wish. So, what is |
| holiday let mortgage shouldn't be too difficult to | | | | stopping you having your very own holiday |
| accomplish. | | | | hotspot? |
| Once you have your mortgage and holiday let | | | | |