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Mortgage and Airbnb

I own a rental house with a buy to let mortgage. I have a tenant living there but would like to let the other room via Airbnb. The tenant is happy with this. However, I've read that no mortgage provider allows Airbnb (either in a private home or a rental property). If the company finds out apparently they can demand immediate repayment of the mortgage. It's hard to believe that everyone using Airbnb owns their house outright. I just wanted some advice on what to do. Thanks. :)

Comments

  • ACG
    ACG Posts: 24,682 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    There are a handful of lenders who can lend on Air BNB properties. I know of 3 off the top of my head. Although I have never placed one personally so I do not know if they come with any stipulations etc without looking into it.
    I am a Mortgage Adviser
    You should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
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