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Tipton and Colsey building society has announced it is to give holiday-lets and buy-to-let mortgages to customers wanting to specifically rent the property through Airbnb. Currently, this is a gap in the market as the number of people renting through Airbnb is on the rise, with few lenders offering this type of let as a condition of their mortgage. The facts: - Available to applicants that want a shorter or no fixed term agreements. - Available for second homes, holiday-lets, and remortgages - Maximum LTV is 75% - In addition to personal earnings, income made from the property will be taken into consideration when looking at overall lending. Read the full story here: https://bit.ly/2LoSnzB
