The Principality Building Society will consider lending on holiday homes using their standard buy to let product range and criteria.
This little know niche which is unusually for lenders was brought to my attention by one of our consultants James Scoular after helping a Property118 reader secure an offer letter on her holiday home. Sure enough after investigation I found it hidden away in their three page mortgage lending criteria guide. Continue reading Principality will consider Holiday Homes on BuyToLet
Buy to let lenders say they are ready to open the floodgates to property investors looking to expand their portfolios rather than lend to first time buyers.