Buy-to-let brokers research into holiday lets and limited companies

6 August 2020 | General

Mortgage brokers are searching for criteria on holiday lets and limited companies, likely caused by the pandemic and the introduction of the stamp duty holiday.

The data comes from Knowledge Bank, which reveals the criteria buy-to-let brokers are researching into on behalf of their landlord clients.

Demand for holiday lets could be on the rise, as landlords look to take advantage of increased demand to take a holiday within the UK.

The top buy-to-let search is ‘lending to limited companies’, perhaps boosted by the fact that it’s currently more cost-effective for landlords to incorporate due to the stamp duty holiday.

Regarding the residential market brokers are typically searching for LTV restrictions, as they look to maximise how much their clients can borrow.

This post has originally been featured in Property Wire.