@abihookwayproperty: The RIGHT mortgage for your strategy is ESSENTIAL So many people are confused when it comes to getting the right mortgage... And, you know what's worse? Not all mortgage brokers even know what the right mortgage is for specialist strategies like Holiday Lets... ❌ If you are using your property as a business you CAN'T use a residential mortgage A lot of you will be SHOCKED by this one: ❌ If you are using your property as a holiday let you SHOULDN'T get a buy to let mortgage either! Here's what you DO need: ✅ If it is a SECOND HOME that you are also using as a holiday let, get a second home owners mortgage (BUT make sure it allows Serviced Accommodation usage) ✅ If it is ONLY going to be used as a holiday let, you should get a Commercial Serviced Accommodation Mortgage (this is BY FAR the most TAX EFFICIENT when combined with a LTD co or LLP) Hope that helps! #HolidayLetMortgage #TaxEfficientInvesting #PropertyStrategy Specialist Mortgages Holiday Lets Serviced Accommodation Second Home Owners Property Finance
