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The Mortgage Route A to Z
Holiday home

This glossary or A to Z should help clear up any confusion as to what terms mean what in the mortgage and insurance industry

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Letter H

Holiday home

A property, that will not be your main address or place of residence. These properties would normally only be used by you and your family. You can have holiday homes for commercial use but they would need to have a buy to let mortgage arranged on them. If the property is solely for personal use it can benefit from lower residential rates.

FSA declaration and important text about mortgage advice