Book Mortgage Appointment

Introducers

Enquire Now

PF

Moving House Mortgage
First Time Buyers
Remortgage
Bridging Loans
Interest Only Mortgages
Mortgage Review

Moving House Mortgages

Advice on handling your mortgage effectively when moving home.

How Much Can I Borrow?

Use our calculator to find out how much you can borrow.
Guarantor Mortgages
Bridging Loans
Lombard Loans
Unusual Properties
Complex Income
Auction Finance
Self Build Mortgages
International & Expat

Stamp Duty Calculator

Work out how much tax you may need to pay with our stamp duty calculator.

About Private Finance

Private Finance have been delivering independent mortgage advice since 1999.
Single Property BTL
Holiday Let
HMO
Limited Company BTL
Portfolio BTL
Multi Unit Block Mortgages
Airbnb Mortgage

Landlord Insurance

Protect your rental property, income and liability with specialist cover tailored to landlords.

ICR Stress Rate Calculator

Check how rental income, ICR and stress rates could affect your buy-to-let borrowing.
Accountants
Agency Workers
Company Directors
Doctors
Lawyers
Young Professionals

Mortgages For Accountants

Explore tailored mortgage options for accountants with lenders who understand professional career paths.

Mortgages For Lawyers

Limited Company
Partnership
Sole Trader
Bonus Income
Commission Income
Contractors & Self Employed
Trust Income
Pension Income
Maintenance Income

Complex Income Mortgages

Learn how non-standard and variable income could support your mortgage application.

Mortgages For Self Employed

Explore mortgage options for contractors and self-employed borrowers with specialist income assessment.

4.97 out of 5 based on 2,400+ reviews

Boost Affordability With Holiday Lets To Buy A Rural Equestrian Home

  • March 22nd, 2022
Get started
Call 0800 652 0971

Rated 4.97 out of 5 from 2,400+ reviews

Proposition

The clients wished to purchase a picturesque large rural property, however their combined income was not enough to secure the mortgage required.
Furthermore, the property had nine acres of land and equestrian facilities, thus adding additional complexity for a residential mortgage. Most standard mortgage lenders can have an issue with an acreage of this size and will only value the first acre of land.

While they would be living in the main house, the property also comprised of two log cabins on the grounds, operating as income producing holiday lets with which they could reach the affordability required.

Not only was the pool of lenders available limited from the large acreage and equestrian facilities, few lenders consider income from the holiday let when assessing affordability. Due to the technicalities of this case, our broker knew a mainstream lender would not be suitable.

Solution

With access to every lender on the market and vast experience negotiating property finance of every kind, Private Finance’s expert brokers are equipped to find solutions to mortgage-related problems, even in situations such as this where there are multiple complexities.
A specialist solution was required from a lender who would take a view on the client’s specific circumstances and use the proposed holiday let income to enhance their affordability.
Our expert advisor utilised their longstanding relationship with a specialist lender who could calculate the rental that could be achieved at a 60% occupancy rate of a similar sized holiday let, thus enhancing the borrower’s overall affordability and could lend on a property of this acreage with equestrian facilities.

Bespoke Mortgage Requirements?

Whatever your situation, our mortgage team can advise on suitable solutions. We specialise in complex and bespoke mortgage solutions to help you find competitive terms.

Comparing over 300 lenders
Free initial consultation with no obligation to proceed
25+ years of industry experience and relationships
Call 0800 652 0971

Other Articles You Might Like

Cotswold stone period house with gabled roofs, climbing plants and a gated garden wall
Asset Rich, Cash Poor: A Mortgage That Raised Cash Without Selling Investments
£300k raised against a £2.4m home.
Residential
Read more
Row of traditional period townhouses under a clear blue sky
Bank of England Holds the Base Rate at 3.75%, July 2026
With the base rate held at 3.75% and recent swap rate adjustments, we explore…
Industry News
Read more
From Auction Finance Bridging Loan To Long-Term Buy-To-Let Finance
Refinancing a Limited Company…
Buy to Let
Read more
Residential

Residential Mortgages

Specialist Mortgages

Buy to Let Mortgages

Mortgages by Profession

Mortgages by Income

Commercial

Commercial

Private Office

Private Office

Insurance

Protection Insurance

Household Insurance

Calculators & Tools

Resources

Calculators

Guides

  • By Client Type
  • See More +
About Us

About Us

Enquire Now