Looking for a mortgage on a short term lets where rental agreement is less than 6 months? Solution Found.
Foundation Short Term Let products includes AirBnB properties or properties on a daily or weekly rental as short as 1 night. As long as properties are in an area with normal rental demand, we only need the surveyor’s view of monthly rental potential to assess rental affordability.
- No AST required
- Available to Individuals and Ltd Cos
- ICRs are @125% for limited companies and basic rate tax payers and @145% for higher rate tax payers
- 2 and 5 year fixed rate products available up to 75% LTV
Foundation Home Loans are the experts in HMOs, Multi-unit blocks and short terms lets, so give us a call about any complex property case!