Residential mortgage with AirBnB annex (looking for advice and experiences)

Colibri222

Hello

I'm looking for some advice / experiences of others.

We are looking to purchase a house with a granny flat extension (separate front-door but with an internal door to main house, so not a separate building) that is used by current owners as a successful AirBnB holiday apartment.

We're keen to continue with the holiday apartment via AirBnB to supplement our income (although we don't need the extra income to pass mortgage affordability checks).

What kind of mortgage would be recommended in this scenario?

Based on my own research there are a few lenders (Metro, Barclays, Lloyds, Halifax, maybe more?) that allow 90 or 112 days of letting under AirBnB with a residential mortgage. Are there other mortgage types (holiday let or buy-to-let or bespoke) that we should consider? Are there other lenders that offer more than 90 or 112 days letting with a residential mortgage?

Our current lender is Santander and we'd prefer to stay with them to avoid ERCs of c.£7k but it's not clear if they would consent to us letting the annex our as a holiday let via AirBnB (or if they would, under what conditions). Keen to hear experiences from people in a similar situation with Santander who have applied for consent and had that accepted or rejected.

Also, we're thinking to enlist an adviser to help scan the market for us. Does anyone know of an adviser that has experience, or even specialises, in this sort of scenario?

Any other suggestions/recommendations would be greatly appreciated.

Thanks!

kingstreet

Does it specify the annexe bit on Lloyds, Barclays etc? I suspect not and if you can find a lender willing to accept an annexe you may struggle with the letting bit...

I'm 99.9% sure you will need broker help with this.