A lender has launched a new product which is thought to be the first mortgage explicitly aimed at borrowers who propose to short-let their properties through Airbnb or similar platforms.
The Tipton & Coseley Building Society has now released a statement saying it will now accept applications for second homes and holiday lets where borrowers wish to use Airbnb.
The building society has also introduced additional flexibility on overall income, by taking into consideration holiday let income where there’s a proven track record.
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