With the chancellor looking to plug a £20bn hole in the nation's finances, many second homeowners will be worried that about potential tax implications going forward.
Related topic: Holiday Lets
Rates have reduced by up to 0.15%.
The Society has also increased its maximum loan size on residential mortgages
The Society will consider applications from UK and foreign nationals purchasing property in England or Wales.
According to exclusive data obtained by Pikl Insurance, the Royal Family make approximately £118,775.85 each month on holiday lets.
There are now 445 holiday let mortgages available in the market.
The lender has also announced that it has made a series of rate reductions for short-term and holiday-let landlord borrowers.
New analysis claims to have revealed the “rampant hypocrisy” of attacks on the holiday let industry.
Enquiries for advice ahead of incoming tax changes for furnished holiday lets are on the rise, according to Handelsbanken Wealth & Asset Management.
A new study using ONS data has revealed the areas in England and Wales with the highest number of holiday homes.
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