Holiday Let Mortgages - A Lender's Perspective
In this podcast, Julia de Battista from Hodge Bank, talks to Mark about holiday let mortgages. Jules discusses how Hodge got into holiday let lending, what they have learnt in the time they have been lending, and the quality of property they see in the market. She also shares some amusing tales about unusual or quirky holiday let properties.
Julia also provides valuable insights into the holiday let lending market, and some of the history behind Hodge bank and how they give back to the community. This interview is a great resource for anyone who is considering investing in a holiday let property.
Here are some of the key takeaways:
Holiday let lending is a growing market, and there are now many lenders who offer specialist products.
Lenders will look at a number of factors when assessing a holiday let mortgage application, including the quality of the property, the borrower's financial history, and the rental potential of the property.
Holiday let mortgages can be a good way to generate income and build equity, but they are not without risks. Borrowers should carefully consider their financial situation before investing in a holiday let property.
Overall, this is a informative and entertaining podcast that provides valuable insights into the holiday let lending market.