Buckinghamshire BS enters holiday let market
Buckinghamshire Building Society has launched a new holiday let mortgage product.
The Society says its lending option is specifically targeted at borrowers with properties in coastal and national park areas.
Recent research from Moneyfacts found that holiday let product choice has trebled since 2020, with more than 200 deals available in the market.
Claire Askham, head of mortgage sales at Buckinghamshire Building Society, said: "As a Society we love identifying market trends and responding to them with competitive products and this is no exception – we are delighted to further expand our product portfolio and we are confident this offering will be popular for landlords with properties throughout the country both along the UK’s impressive coastline and within its most treasured rural national park areas.
"This product aims to celebrate the very best of British holidays – a chance for people to enjoy a change of scenery and unwind."
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
FCA
FCA confirms simplified mortgage rules
Lloyds
Lloyds sets aside extra £4bn for high-LTI mortgage lending
Government
Government publishes legislation to bring pensions into inheritance tax
Bank Of England
Bank of England issues first-of-its-kind fine of £11.9m
Government
Government confirms launch of permanent Freedom to Buy mortgage scheme
Regulation
Lenders urged to prepare for court ruling on commissions as motor finance complaints surge
