The holiday buy to let business can be a very worthwhile investment and can bring in an income that maybe surpasses the earnings of your day time job, that is if you do it the right way. While there are many ways to go about getting holiday buy to let funding most of them should be considered the wrong way unless you are an expert when it comes to financial matters.
While you can get a very good deal when it comes to holiday buy to let funding you just have to know where to look and very few of us do know. If you want to get the cheapest funding for your loan then putting the matter into the hands of a specialist broker is the best way to go. The broker will be able to find the best and lowest rate of interest for you based on the information that you give them.
Holiday buy to let funding is a complex business and there are many differences to the application process when it comes to getting a loan for a holiday buy to let. Perhaps one of the biggest differences is that rather than the loan being based solely on your income the lender will want to know that you will be able to meet about roughly 130% of the loan from your renters. The annual income from renting...
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