Category: guides

Below is our review of the top holiday let mortgage lenders in the UK marketplace.

1. Vida Homeloans

Vida Homeloans is a specialist lender known for its flexible underwriting and willingness to work with more complex borrower profiles.

Core strengths:

  • Flexible criteria
  • Supports complex income structures and non-standard borrowers 
  • Mortgage products specifically designed for short-term rental properties 
  • Rental calculation focus often based on projected holiday let income
  • Manual underwriting approach

Best for: Landlords with complex financial situations or those needing a more tailored approach.

2. Foundation

Foundation, formerly Foundation Home Loans, is a well-established specialist lender catering to professional landlords and portfolio investors.

Core strengths:

  • Tailored furnished holiday let (FHL) mortgage options available
  • Portfolio landlord friendly
  • Some non-standard construction types accepted
  • Focuses on landlords and investors with experience and solid track records

Best for:Experienced landlords expanding into holiday lets or adding to a portfolio.

3. The Mortgage Lender (TML)

The Mortgage Lender is known for combining competitive pricing with accessible criteria for landlords.

Core strengths:

  • Simplified application process 
  • Competitive rates, often strong on pricing compared to niche lenders 
  • Flexible affordability checks
  • Limited company options
  • Flexible location criteria for short-term lets in less touristy areas

Best for: Landlords seeking competitive deals with a relatively simple application process.

4. Principality Building Society

Principality is a mutual lender offering niche mortgage products, including holiday let finance.

Core strengths:

  • One of the more recognised providers in the FHL mortgage space
  • Projected rental income assessment
  • Manual underwriting
  • Flexible on income sources

Best for: Buyers looking for a traditional building society with dedicated holiday let expertise.

5. Landbay

Landbay is a technology-driven lender focused on buy to let, with products extending into the holiday let sector.

Core strengths:

  • Competitive pricing across multiple products
  • Automated underwriting systems for faster decision-making
  • Options for SPVs (limited companies)
  • Scalable lending suitable for growing property portfolios

Best for: Investors prioritising speed, efficiency, and competitive digital-first lending.

Even though the pool of specialist holiday let mortgage lenders is smaller than that of standard buy to let lenders, the market is no less competitive.

Seeing each lender’s strengths laid out like this can be helpful, but with so many factors to consider, it takes an experienced mortgage advisor to properly determine the right options based on your needs and preferences. 

Call us on the telephone number above, or enquire online.