Financing

Information on mortgages, loans, and tax implications when buying a second home. Articles cover financing options, capital gains, and strategies for maximising your investment.

2010 Budget Changes to Holiday Homes: Will I Benefit?

Holiday home owners across Britain have been playing a complex tax game since 2010. When the coalition government restored several tax perks that Labour...

Can I Get a 100% Mortgage for My Holiday Home?

Finding out if you can get a 100% mortgage for a holiday home depends on where you're buying and your financial situation.

Costs Involved in Owning a Canal Boat

Canal boat ownership costs range from £15,000 for used boats to £100,000+ for new ones, depending on size and amenities.

Getting a Loan for a Second Home

Work through your options for a second home mortgage and get advice that actually fits your situation.

How Much Can I Borrow for a Second Home?

Second home mortgages are tougher to get than first-home loans, so check your finances first to see if you qualify.

How to Buy Property with a Good Re-Sell Value

Buy property in good locations and make smart, affordable upgrades to maximise resale value without overspending on renovations.

How Will Capital Gains Tax Affect My Second Home?

Selling your second home could trigger capital gains tax depending on how often you use it and how much profit you make.

I Use Bridging Finance for My Second Home?

Bridging finance can help you fund a second home quickly, but it's risky if you can't repay it soon, so check these five questions first.

Is It Harder to Get a Second Mortgage Compared to First?

Second mortgages are harder to get because lenders check your income, debts, and ability to afford higher monthly payments.

Is My Second Home a Good Investment?

Figure out if your second home will actually make money by asking yourself the right questions before you buy.

Questionnaire: Can I Buy My Second Home for Children?

Work through this questionnaire to figure out if buying a second home for your child makes financial sense for your family.

Questionnaire: Can I Use My First Property as Equity?

Work through this questionnaire to figure out if tapping your home's equity to buy a second property makes sense for your situation.

Second Homes and the Leaseback Option

Buy a French second home on leaseback and get guaranteed rental income between 2.5% and 4.3% while a management company handles all the work.

Tax Breaks When Owning a Second Home

Second home owners can benefit from reduced capital gains tax rates when selling investment properties or holiday homes.

Tax Tips for Buying a Second Property

Here's how to reduce taxes when buying a second property, from stamp duty to council tax breaks.

The Pros and Cons of Owning Property to Let

Weigh up rental income potential against mortgage costs, taxes and tenant headaches before investing in buy-to-let property.

Types of Mortgages

Compare different mortgage options to find the best deal for your second home and potentially save thousands.

Will Owning a Second Home Affect My Benefits?

Owning a second home may affect some of your benefit claims, but certain circumstances could still let you claim housing benefit.