Expat Buy-to-Let v Holiday Let ?

The average holiday let generated annual rental income in excess of £25,000 in 2024, more than double the average of £12,130 for residential properties, according to recent figures!!

The average holiday let property generates a whopping £1340 a week, almost FIVE times the average weekly rent in the UK.

There are now over 170,000 holiday let properties in the UK, with the average income per booking up 5% in the last quarter of 2024.

Holiday hotspots

The areas in the UK where holiday let rental growth was fastest in the last four months of 2024 were:

South of England (+17.3%)

Cornwall (+14.5%)

Devon (+8.9%)

Cotswolds (7.2%)

The rise in rental income is being boosted by international and domestic visitors looking for short-term stays in popular UK holiday destinations.

Landlords have had just about everything thrown at them of late so only time will tell if we see a shift to holiday lettings in the future.

Expat mortgages.

The range available includes fixed, tracker and standard deals with good, discounted periods. We would always recommend discussing your needs with an expert independent adviser who has all the up-to-date deals available.

This course of action can indeed save you thousands of pounds in the long term. Interest rates remain competitive with some very good longer term fixed deals available.

Can we assist?

If you are looking for a new or re-mortgage do get in contact and one of our qualified independent advisers will be happy to help.