Is it too late to invest in the UK holiday let market?
Those wanting to buy a holiday let quickly from an auction or a property that needs redevelopment may need to opt for a bridging loan instead. These usually come with higher interest rates than a holiday let mortgage and higher fees, but completion times can be weeks and not months. In addition, bridging lenders will also consider properties often not acceptable to other lenders under a mortgage.
Mr Rees, said: “It has incredible views across the bay at St Mawes and it’s unsurprising it inspired so many fantastic artworks. The holiday let is one of the few properties in the area that has its own private quay leading directly into the bay and, following some minor refurbishments and improvements, I’m ready to welcome families and guests to enjoy the fabulous property this summer.”
Chris Baguley, commercial Managing Director at Together, said: “Even before the pandemic, we were seeing dramatic changes across the buy-to-let landscape with holiday lets steadily increasing in appeal – more so than for traditional buy-to-let properties – as they allow people to tap into the UK’s many tourism opportunities.”
- Ryobi BPL3620D 36V 2.0Ah Battery
RRP PRICE: £109.99SALE PRICE: £87.59YOU SAVE: £22.40 About this item Powerful 2.0Ah Lithium+ battery gives more power, longer runtimes and better […]
- Tramontina 22399/079 4 pcs Jumbo Steak Knife Set, Wood Handle
RRP PRICE: £19.99SALE PRICE: £13.87YOU SAVE: £6.12 Set contents – 4 steak knives 5″ Ergonomic handles made from high quality wood. Super-sharp […]