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New range of holiday let mortgages launched


holiday let mortgages

Marsden Building Society has launched a new range of fee-free holiday let mortgage products, starting at 5.35%.


These mortgages are available via HCH Financial Services and can be accessed by both first-time and experienced landlords.


The mortgaged properties can be let on a short-term rental basis, while the owners can enjoy 90 days of personal use per year.


Below are the key features:

 

  • No booking or arrangement fee on loans under £750,000

  • Available as interest-only or repayment

  • Loan to value up to 75% (depending on the product)

  • Minimum income: £25,000

  • Minimum loan amount: £30,000

  • Minimum property value: £125,000

  • Lending in England or Wales


In addition:


  • Free valuations for properties up to £500,000

  • Fee-assisted legal services

  • No personal affordability assessment


This new, low entry range of mortgages is available via HCH Financial Services:


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