As a nation weâ€™re growing increasingly fond of â€˜staycationsâ€™. With the appeal of a short trip to our stunning shorelines or a rural retreat to the countryside, buyers have never been in a better position to invest in a UK holiday home.
As a nation we’re growing increasingly fond of ‘staycations’. With the appeal of a short trip to our stunning shorelines or a rural retreat to the countryside, buyers have never been in a better position to invest in a UK holiday home.
Mixed-use vacation properties provide buyers with both rental income and a suitable base for family getaways. Here is a guide on where to look for your perfect UK holiday home.
But first, the legal stuff…
"If you are looking for a mortgage to purchase a holiday home you will typically require a 25% deposit to qualify.
"To work out how much you can borrow the lenders will expect you to be able to afford the repayments for your existing property plus the new home.
"If you are planning to buy a second home and let it out while you are not living in it, a couple of the building societies offer competitive mortgages.
"There is a huge difference between holiday let properties and holiday homes in the lenders eyes and it is important to have the correct type of mortgage. Most high street lenders do not like holiday lets but they offer second home mortgages". - Aaron Strutt, Trinity Financial Group
Brighton combines contemporary living with Regency style. Just an hour south of London by train, it’s the perfect spot for a weekend getaway. Famed for its amusements, nightlife, shopping and arts scene, it has something for everyone.
Call Winkworth’s Brighton & Hove office on 01273 772175
Poole attracts tourists with its harbour, arts centre and beautiful beaches. It’s popular with couples, families and yachters alike, making it the perfect place to invest in a holiday home. The nearby Blue Flag beaches stretch from Bournemouth to Sandbanks and enjoy some of the warmest temperatures in the UK.
Call Winkworth’s Poole office on 01202 733000
Exeter is a quaint city combining rich history and contemporary charm. Surrounded by the Devonshire countryside and with the Jurassic Coast stretching to the east, it ticks the box for both a beach holiday and a rural retreat.
Call Winkworth’s Exeter office on 01392 271177
Salisbury is a medieval cathedral city known as ‘the city in the countryside’. It’s quintessentially British and enjoys city living in a rural landscape. With a gothic Cathedral at its heart, a thriving arts scene and some of the country’s finest properties, it’s hard not to love this delightful area of Wiltshire.
Call Winkworth’s Salisbury office on 01722 443000