Second Home mortgages
Our second home mortgages are designed for anyone looking to buy a second residential property which could include a second residence to be closer to work, a home for a family member to live in or perhaps a holiday home for personal use (these properties must not be used for business purposes or rented). With this is mind, we’ve designed a specific range of products to meet your needs in a number of ways.
- If you’re looking to borrow up to 70% loan to value (LTV) you could borrow the whole mortgage on an interest only basis.
- Part & Part repayment options are available for customers wanting to borrow up to 75% LTV.
- You could be able to borrow up to 85% LTV on a capital and interest repayment basis.
You can choose from applying online** or over the phone, and can even use our mortgage calculator and get an Approval in Principle today.
The mortgaged property (which may be your home) may be repossessed if you do not keep up repayments on your mortgage