Mortgages
Finding and securing the perfect mortgage as a self-employed person can be quite challenging, but this is exactly what our expert advisers do, day in, day out. Find out how our team can help you with a wide range of different mortgage products.
Useful Information
Commercial
Insurance
Holiday let mortgages are different to buy-to-let or residential mortgages and, therefore, come with extra checks and a lower loan to value ratio, whether you are self-employed or not. The required deposit is likely to be between 25-40%, and the nearer to the top end you can afford, the better holiday let mortgage deal you will secure.
A holiday let mortgage can provide self-employed business owners with finance to fund the purchase of a holiday home or to re-mortgage, renovate or develop an existing holiday property. Holiday rentals can be a great investment opportunity, especially if the holiday home, though predominantly used by tourists, could also be enjoyed by you and your family.
Holiday let mortgages are different to buy-to-let or residential mortgages and, therefore, come with extra checks and a lower loan to value ratio, whether you are self-employed or not. The required deposit is likely to be between 25-40%, and the nearer to the top end you can afford, the better holiday let mortgage deal you will secure.
The nature of holiday rentals is that income is seasonal and sporadic: less steady rental income than a landlord would receive with a tenant in a buy-to-let property. Although if the holiday rental is frequently booked, income can surpass that of longer-term rents.
Holiday let mortgage lenders will be looking at whether you can afford the repayments so will be very interested in your personal income and will want to look at your recent accounts. The lenders will want to ensure self-employed applicants will have enough income to cover any breaks in rentals or maintenance issues that may arise.
A holiday let mortgage lender will also want to see a projected holiday let rental assessment from an appropriate specialist, to predict the likelihood of rental income from the holiday let.
Holiday letting is becoming increasingly popular, but it is still a niche area for mortgages. Holiday let lenders tend to be specialised lenders, rather than the mainstream mortgage lenders.
Active Mortgages has extensive knowledge about how holiday lets work and how to find holiday let mortgage deals for our self-employed clients. We have established strong relationships with the key holiday let mortgage lenders, so can help you make your dreams of owning a holiday rental property a reality. Let us make it happen for you. Booking a consultation is easy, simply click to…
7 ways
to invest in your future with a mortgage tailored to your goals
Trust our team to find the perfect mortgage for your budget and lifestyle.
Trust our team to find the perfect mortgage for your budget and lifestyle.
EXCELLENT Based on 100 reviews Daniel Couchman12 January 2024 This review is long overdue - Active mortgages got us our dream home! I spoke with around 7 different brokers from different companies which didn’t know what they were talking about but then I found Simon at active - he was straight to the point and got us the best deal and the highest amount possible. I got a bit impatient at one point but that was due to the banks taking ages to process everything - active were calm and reassured us. Highly recommended. Excellent from start to finish Even sent us a gift for Xmas - thank you! Meena Kanagavel2 January 2024 Jamie Murray from Active Mortgages has been amazing in setting up the VAT loan, whilst we purchased our Land. Right from the start, Jamie has been proactive in finding the correct (BEST) deals for us and ensured everyone is aligned to complete on time. Highly recommend using Active Mortgages, and we would certainly be using them again for future projects.Thanks once again Jamie for all your support throughout Dec, appreciate your efforts in making sure our purchase was done on time. Many thanks Meena (and Mark Jones) Stefan Stancila21 December 2023 Comprehensive advice from Jamie & easy communication through remortgage process . Recommend! Yasmin Bates20 December 2023 Jamie has made the whole process of buying a house very straightforward, especially for self employed. Would 100% recommend and would use again too! Gerard19 December 2023 Good experience, helped us every step of the way. darren john coggins12 December 2023 Dan has been great from start to finish. As a first time buyer it can be quite overwhelming and confusing but Dan has went above and beyond. His process was very easy, efficient and we could not recommend him enough! FUNMI AKINLAMI7 December 2023 Excellent service, hard working staff akinlami akinwale7 December 2023 Excellent service, very patient and willing to help staff Michael Bennett5 December 2023 Dan has been great from the first phone call. He has made everything simple and taken the time to explain everything to me as a first time buyer, answering any questions I have along the way, highly recommend james whitaker31 October 2023 Great professional service highly recommended for anything financial
Our mortgage range
Our brochure will help you arrange finances without being distracted from your life or business.
Don’t fall foul of the most common mistakes that we have seen with mortgages.
Cookie | Duration | Description |
---|---|---|
cookielawinfo-checkbox-analytics | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics". |
cookielawinfo-checkbox-functional | 11 months | The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". |
cookielawinfo-checkbox-necessary | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary". |
cookielawinfo-checkbox-others | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other. |
cookielawinfo-checkbox-performance | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance". |
viewed_cookie_policy | 11 months | The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data. |
Book a call with one of our team to talk about your requirements.