Vectors and 3D Models
Local Search - Finance
Weather Information
Get the App for Smartphones and Tablets

Go Back


WhmSoft Free Articles Directory
Free Articles for Reprint
Free Articles to Publish
Free Articles for Newsletters
Videos to Watch


Page Generation Date and Time:
05/30/2017 09:26:49

 
Free the Animation VR / AR
Play to reveal 3D images and 3D models!
   
 
vlrPhone / vlrFilter
Project of very low consumption, radiation and bitrate softphones, with the support of the spatial audio, of the frequency shifts and of the ultrasonic communications / Multifunction Audio Filter with Remote Control!



 
 
Alexa Data
 

Go To Articles Directory Home Page

To get the current article, - See Below (at the bottom of the page) -.
For top news titles, see below.
Web sites and videos listed in this page are frequently updated.
If you find that this page is useful (quality of web sites, images and videos, ...), you can add it to your favorites.
Bookmark Page !

Tell a Friend:



With your mobile phone (WAP / I-Mode / iPhone / PDA), for free:
The Top News - http://www.whmsoft.net/services/wap/news.php
The Daily Files - http://www.whmsoft.net/services/wap/get.php
All the Directory Files - http://www.whmsoft.net/services/wap/choose.php

Web version of feeds:
Podcast Music - http://www.whmsoft.net/services/web/wpodcast.php
Daily Files - http://www.whmsoft.net/services/web/wget.php

You can play the Guitar Drum Revolution game (flash game) by following the link below:
Play Guitar Drum Revolution Game


You can play free online games (flash games) by following the link below:
Free Online Games

Play the samples below:
Faire Des CrepesAbductionFlash PinballEloikFlower Quest

You can view the people (celebrities) news and the front page news (with videos, images and constant updates) by following the link below:
View Recent News
or by visiting the WhmSoft Service blog:
News Photos Slideshows


Article Keyword Videos to Watch
Finance
Click on the image to start the video.



Related Topics
Images - Links - Articles

finance
finance yahoo
finance calculator
finance definition
finance charge definition
finance jobs
finance news
finance express
finance major
finance salary
Denver finance
Denver


Related Images



Article Category Videos to Watch
Finance
Go to the Videos Pages


What is a Holiday Let Mortgage?

To purchase a holiday home to let you will probably need a holiday let mortgage. These types of mortgage are very similar to buy to let mortgages but with one main difference. With a buy to let investment property you need an Assured Shorthold Tenancy (AST) agreement between the landlord and the tenants. The AST protects all parties and it was the introduction of the AST that opened up the buy to let mortgage market into what we know today.

However, a holiday let property does not need an AST as the people only stay for short periods of time. Thus the lenders operate on a different lending basis as their security is not as strong as with an AST. So a holiday let mortgage is used to purchase a property that will be used for holidays and not for permanent residence. Hopefully, the rental income from holiday lettings will comfortably cover the mortgage payments leaving an excess. You need to factor in how long the holiday lettings season is and maximise income during this period.

Holiday lettings is recognised as a business (generating earned income) by the Inland revenue, unlike other forms of property letting which the Inland Revenue class as investment income (unearned income). There are some valuable tax incentives for letting your property as a holiday home, but there are some specific Inland Revenue rules which you must follow to qualify. You can't let the property as a holiday let to the same person for more than 31 days in the year.

Holiday let mortgages are available upto 85% of the property value or purchase price and the loan is calculated on your income and the rental value. Nearly all holiday let mortgage lenders require a minimum level of earned income and generally speaking they require you to already have a mortgage as well.

Type of construction and location of the property to let can also affect how much money you can borrow. Obviously, to maximise holiday lettings the property needs to be in a popular location where people want to visit and stay for holidays.

You need to do your homework before buying a holiday let property. Some properties will be made of non-standard construction and so will reduce the number of lenders willing to offer a holiday let mortgage. Another important factor to research is whether the property has any usage restrictions on the Land Registry. Some holiday let homes can only be used for this purpose and so you cannot live in this property as your main residence. Lenders do not like this as it makes it more difficult for them to sell in the event of repossession. However, there are commercial holiday let mortgages for this very purpose.


About the Author: More information on holiday let mortgages can be found at http://www.holidayletmortgages.co.uk




Recommended Web Site(s):

Easy Articles Home Page - Articles Directory

Recommended WhmSoft Web Sites, Feeds and WAP Address:

WhmSoft Software Home Page - Software
WhmSoft Services Login Page - Music and Images
WhmSoft Moblog Home Page - Blog - Photo Gallery
WhmSoft Free Online Games Home Page - Flash Games
WhmSoft Services RSS Feed - Daily Music, Image and 3D Flash Animation
Classical Music with Drum RSS Feed - MIDI and MP3 Files
Classical Music with Drum Podcast Feed - MP3 and MP3 Files
WAP / I-Mode / PDAs - Daily Music, Image and Flash Animation

Home Pages:

WhmSoft Free Articles for Reprint Home Page
WhmSoft Services Home Page - Music and Images
Copyright (C) 2006-2017 WhmSoft - All Rights Reserved.