Category: Holiday Let Mortgages
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Case Study: Securing a Residential Mortgage for a Family Home with Holiday Lets on Site
The Scenario In this case study, we look at how we helped a family relocating to Devon secure the right mortgage for a unique property, a five-bedroom main house on a plot that also included four separate holiday barns. Their plan was to live in the main home and let out the holiday barns on… Read more
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Buy to Let Mortgage Lowest Deposit
Buy to Let Mortgages from 15% Deposit If you’re thinking about becoming a landlord or growing your property portfolio, the size of the deposit needed for a buy to let mortgage is likely high on your list of concerns. While many lenders require a substantial deposit, there are still opportunities to access buy to let… Read more
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Airbnb Mortgages
Understanding Airbnb Mortgages: A Guide to Financing Your Short-Term Rental Property With the rise of platforms like Airbnb, more property owners and investors are exploring the potential lucrative opportunities offered by short-term rentals. However, financing an Airbnb property isn’t as straightforward as securing a standard mortgage. Whether you’re considering purchasing a property specifically for Airbnb… Read more
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When Will Your Mortgage Be Pre-Approved?
When Will Your Mortgage Be Pre-Approved? Key Steps and Timelines Obtaining a pre-approved mortgage is a crucial step in the home-buying process. It provides you with an understanding of how much you can borrow and reassures sellers of your financial capability. At Kerr & Watson, we specialise in guiding you through the mortgage process, ensuring… Read more
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How Long Does Mortgage Application Approval Take?
Mortgage Application Approval: What to Expect and How to Speed Up the Process Applying for a mortgage is a significant step in your home-buying journey, and one of the most common concerns is how long it takes to get a mortgage application approved. The timeline can vary depending on several factors, including the complexity of… Read more
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Buy to Let Mortgage Based on Rental Income
Buy to Let Mortgages: Securing a Loan Based on Rental Income Investing in the right buy-to-let properties can be a lucrative venture, offering the potential for steady rental income and long-term capital growth with the asset appreciating. However, securing a buy-to-let mortgage can sometimes be complex, especially when relying primarily only on rental income rather… Read more
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Serviced Accommodation Mortgage
Airbnb & Holiday Let Mortgages: What You Need to Know If you are thinking about turning a property into a short-term rental such as an Airbnb or holiday let, you’ll need the right type of mortgage. A serviced accommodation mortgage is designed specifically for properties rented to guests rather than long-term tenants. This makes it… Read more
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Buy to Let Mortgage Deposits
Buy to Let Mortgage Deposits: Everything You Need to Know Before Investing in Property Investing in property can be a lucrative venture, and buy-to-let mortgages are a popular choice for those looking to enter the rental market when they can not buy with cash or prefer not to use all of their own funds. Understanding… Read more
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Buy to Let Mortgage Advisor
Navigating the complexities of a buy to let mortgage can be challenging. These mortgages have their unique set of challenges and considerations, from understanding rental income to specific mortgage requirements. This is where a specialised Buy to Let Mortgage Advisor becomes a crucial part of your journey. Understanding the Buy to Let Mortgage Process For… Read more
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Why are BTL Fees so high?
Understanding Buy-to-Let Mortgage Fees Buy-to-Let (BTL) investments have become increasingly popular, but many landlords find themselves puzzled by the perceived high fees associated with these mortgages. Understanding the reasons behind these costs can help you make informed decisions. At Kerr & Watson, we provide expert advice to help you navigate the complexities of BTL fees… Read more
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What is the Buy to Let Stress Test and Will I Pass It?
Understanding the Buy to Let Stress Test If you’re considering investing in a buy-to-let property, understanding the intricacies of mortgage applications is advised. One key aspect that often confuses potential landlords is the Buy to Let (BTL) stress test. This test is a significant part of the mortgage approval process, and passing it is essential… Read more
