With UK staycations set to boom as a result of the covid-19 pandemic, are you considering investing in holiday lets or expanding your existing portfolio?
Staycations have been on the increase for the past few years. Heatwaves, Brexit, the weak pound, overseas terrorist attacks and the current climate crisis have all led to more Brits swapping their overseas holiday to one closer to home. Now, with the outbreak of coronavirus, not only is this trend set to continue but it is likely to get a big boost.
This increase in staycations presents property investors with an opportunity, especially as many lenders are offering very competitive, dedicated loans, focused on serving the specific needs of holiday let property investors.
If you are considering investing in holiday lettings, we have a panel of lenders who specialise in commercial holiday let mortgages. We can help you find the finance solution that is right for your needs.
Get in touch to find out more.