Second Home Mortgages Hub

Second Home Mortgages Hub

Getting a mortgage on a second property is often more difficult than getting one on your primary residence. Speak to one of the specialist brokers we work with to learn how you can get approved for a mortgage on a second home.
Get Started

Loved by over 600,000 customers

Get Matched With An OMA-Approved Broker

headshot of Jenna Boal

Jenna Boal

headshot of Graham Turner

Graham Turner

headshot of Pete Mugleston

Pete Mugleston

headshot of Luke Naylor

Luke Naylor

conversation icon

Receive Personalised Mortgage Advice

tick icon

Compare The Best Deals Available To You

calculator icon

Find Out How Much You Can Borrow

Find out everything you need to know about second property mortgages with our comprehensive guide. Buying a second property isn’t usually as straightforward as buying your primary residence. Fortunately, plenty of financing options, such as remortgaging to buy another property, are available.

It’s important to understand what is considered a second home, as well as the deposit requirements.

You might be considering buying a holiday home or perhaps a buy-to-let property as an investment. Another common reason is to help a family member get on the property ladder. In this case, a joint borrower sole proprietor mortgage may be what you’re looking for.

When buying a second property, you will also need to consider the impact of stamp duty. Use our second property mortgage calculator to calculate your affordability.

FAQs

Explore our FAQs to find answers to common questions about second home mortgages and learn how our service can help you.

Online Mortgage Advisor (OMA) is a free mortgage broker matching service tailored to your unique needs.

OMA connects you with the perfect mortgage advisor based on your specific circumstances, ensuring you receive the best advice and support.

Lenders criteria are typically the same for a second home mortgage but the affordability checks are more stringent. Lenders want to be sure you can meet the repayments for your first and second mortgage.

To get a mortgage for a second home, you’ll typically need a higher deposit of around 15% to 25%.

Fill out our quick form and get matched with a mortgage advisor today

Receive a free callback today from a mortgage advisor in our network. Bespoke mortgage advice tailored to your needs and circumstances.

Get Started

Maximise your chances of approval, whatever your situation - Find your perfect mortgage broker