Our site uses cookies

I agree Our site saves small pieces of text information, called “cookies” on your device. Find out more in our cookie policy. You can disable the usage of cookies by changing the settings of your browser. By continuing to browse the site you are agreeing to our use of cookies.

Our newest release: Holiday Let 3 year discount

Newbury Building Society has extended its buy-to-let offering by launching a holiday let mortgage product – a first for the Society. 

The variable mortgage product has been designed to specifically target customers who are either purchasing, remortgaging or looking to borrow additional funds where the property is let on a holiday basis for some or all of the year. 

The Society’s newest buy-to-let addition, will consider the potential holiday let income when assessing affordability and also take into account top-slicing and capital raising to allow investors to see more value from their rental portfolios.

Roger Knight, Lending Manager at Newbury Building Society said: “We are delighted to further strengthen our buy-to-let mortgage product offering. The decision to launch a holiday let specific product followed extensive analysis of whether there was appetite for this type of mortgage within our current borrower base as well as listening to feedback from intermediaries who have informed us demand is high. As a mutual building society, we want to ensure we give brokers the right tools to help provide their clients with the right products; we believe our holiday let does just that.”

The holiday let property must be located in a suitable holiday location in England (not central London) or Wales to be eligible.

Contact our intermediary helpdesk, Monday Friday, 9am - 5pm, for further information. 

We are open over the Christmas break! Click here for our full opening times. 

Related articles
Register or amend your preferences for your choice of email alerts

Keep up to date with our latest news, product and event details

You can check the Financial Services register on the FCA's website.

Contact

How can we help you?

01635 918 000

Call me back