Together unveils holiday let range
Specialist lender Together has launched a holiday let product range with rates from 7.99%.
Products come with arrangement fees from 2%, terms from four to 30 years and loans of up to £2m for purchase and remortgage.
The lender said its holiday let proposition has been launched in response to demand from professional landlords looking to rent out their properties short-term, helped by websites like Airbnb.
Marc Goldberg (pictured), commercial chief executive at Together, said: “Our aim is to support landlords and investors by providing innovative finance products that are tailored to their needs.
“Holiday lets can deliver high yields and there’s strong market demand, so we’re delighted to launch this new product which we believe will complement our existing offering in this sector.”
The holiday let loan is also available on a second charge basis, for landlords looking to raise additional finance on their rental property.