Our holiday let mortgages are suitable for the employed, self-employed and retired applicants, with perfect or less-than perfect credit histories.

We are specialists in providing holiday let finance to those borrowers who are underserved by the market.

  • First and second charge mortgages
  • Lending up to 75% loan to value (LTV)
  • Smaller loans from just £10,000, all the way up to £500,000
  • Individuals and limited companies
  • Term from 3-25 years
  • Non-standard construction properties
  • Adverse credit considered
  • Properties in England, Wales, Scotland & Northern Ireland

Ex-local authority properties, those of non-standard construction and short-term ‘Airbnb’ style lettings are all acceptable. What’s more, customers can spend 90 days a year in their holiday let, to enjoy the best of both worlds.

Regardless of your client’s experience as a landlord, Mercantile Trust can help!

Speak to us today. Your client could get a lending decision in just one call.

Why choose Mercantile Trust?

Customers value our common sense and flexible approach to lending, as we recognise that one size does not fit all. If your customers are looking to purchase an unusual property, their circumstances require personal consideration, perhaps they’ve had credit history issues, or for any other reason they are struggling to borrow, we could be the lender for them.


What is a holiday let mortgage?

A holiday let mortgage is for customers who are looking to buy a property and let it out to those on holiday for very short periods of time.

What are the benefits of a holiday let mortgage?

With staycations on the rise and the changes in regulation and taxation tax rules in comparison to traditional buy-to-lets, a holiday let can be a great way to receive a decent return on investment.

Is my client eligible for a mortgage on their holiday let property?

For your customers to enquire for a holiday let mortgage they must fit the eligibility criteria. Our criteria is as followed:

  • They must be at least 18 years old
  • They must own their main residence or been renting for a minimum of 12 months
  • They will need to meet the minimum deposit requirements

How much can my client borrow with a holiday let mortgage?

There are a few factors that determine the amount that your customer can borrow for a holiday let mortgage. Lenders will look at personal traits, such as:

  • Your client’s annual income
  • Predicted rental income
  • Their commitments
  • Their credit history
  • How much deposit your client has put on a property

At Mercantile Trust, we offer holiday let loans from £10,000 to £500,000.

View our full criteria here