Darlington enters holiday let market
By Andreea DulgheruDarlington Intermediaries has launched a new holiday let mortgage, available at up to 75% LTV.
Section: Holiday let
The two-year product is being offered at 3.39% and is available for properties in England and Wales, with up to 90 days per year of personal use.
Mortgages are considered on capital repayment, interest only, or part and part.
Criteria and eligibility are based on individual circumstances.
Chris Blewitt, head of intermediary distribution at Darlington Intermediaries, said: “The rising trend of staycations and the uncertainty of foreign travel is currently increasing demand for holiday let properties in the UK.
“We are pleased to bring a holiday let mortgage to the sector and support both first-time landlords entering the market and existing landlords looking to remortgage from their current lender.”
Keywords: Darlington intermediaries, holiday let mortgage, holiday let market, ltv, loan to value, specialist finance mortgage, B&C, bridging & commercial, bridging finance, bridging lender, specialist finance lender, capital repayment
Source: BTL Insider — https://btlinsider.co.uk/darlington-enters-holiday-let-market