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As demand for Holiday Let mortgages continues to increase, we are dedicated to helping your clients achieve their aspirations. 

We are here to help, whether your client is a first time landlord purchasing a property with unusual construction, or they are struggling to meet affordability when their holiday let income isn't taken into account.

Our Holiday Let mortgage offering provides solutions for applicants with more complex circumstances. Our range of unique criteria has been designed to help you to overcome hurdles that other lenders may have put in place.


Our USPs
  • Affordability is based on average of high, middle, and low season holiday income 
  • Up to 4 applicants per application 
  • No maximum age 
  • Consumer Holiday-Lets accepted 
  • First time buyers/first time landlords accepted
  • Ex-pats residing in vast range of countries considered
  • Applicants earning in foreign currencies accepted
  • Properties accepted throughout England and Wales 
  • Unusual construction flexibility 
  • Applicant may reside in property in between occupancy periods 
Our product offering
Code
Product Description
Rate
APRC
Purchase / Remortgage
LTV
Arrangement Fee
Code
25118
Product Description
2.85% Holiday Let Discount for Term
Rate
6.39%
APRC
6.8%
Purchase / Remortgage
Available for:
Purchase & Remortgage
Ltv
60.0%
Arrangement Fee
750.00
Code
25103
Product Description
6.80% Holiday Let Two Year Fixed Rate
Rate
6.80%
APRC
9.3%
Purchase / Remortgage
Available for:
Purchase & Remortgage
Ltv
80.0%
Arrangement Fee
750.00

Illustrative Case*

Mrs Cave required an 80% LTV Holiday Let mortgage for a thatched cottage with an annexe.

Background

Mrs Cave’s broker contacted our Intermediary Support Team after struggling to meet the client’s lending needs with two other lenders.

The property, which Mrs Cave wished to purchase, was a thatched cottage with an annexe, in a sought-after holiday let location in Cornwall. 

She required 80% LTV to secure a property with a purchase price of £397k. On average, the property could earn £3500 per calendar month through the holiday let income.

The Problem

She struggled to secure a mortgage, as lenders couldn’t offer the 80% LTV.


  • Lender 1 was unable to assist with this type of property beyond 65% LTV due to restrictions regarding the construction.
  • Lender 2 was unable to assist beyond 71% LTV based on the fact the loan amount was based on the AST of income £1500 per calendar month

The Solution

The broker spoke to our Intermediary Support Team to discuss the application. Due to our affordability assessment based on High, Medium & Low season income (as confirmed by a reputable Holiday let company), the ability to be flexible with the property type and an enhanced maximum LTV, we were able to provide a solution.

The case was able to proceed at 80% LTV and Mrs Cave was able to secure the property.

*The information contained in this example is to be used only as an illustration.

Benefits of using Dudley Building Society

If you have a complex case to discuss, please reach out to our Intermediary Support Team. We have the capability to review each case and understand customer requirements based on individual circumstances.

This case-by-case method allows us to deal with complex, specialist cases, helping us to serve underserved borrowers that may otherwise struggle to get a mortgage.

Contact Us

Contact our Intermediary Team with any case queries you may have.

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Our Products

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Our Criteria

View our criteria to see if we're the right fit for your client's needs.

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