In 2021, 62% of people planned a staycation in the UK instead of going abroad for their main summer break. This has left the Holiday Let market booming, and for landlords ready to diversify their portfolios, a lucrative sector awaits, with average annual yields of 8% and an average income of £28,000. However, with some key differences to the buy to let mortgage application process, starting out can seem daunting.
Our Holiday Let guide is an essential read, covering the rates available, common tax queries, and where to source your holiday let loan. Download for FREE today! |