Skip to content

Second Home Mortgages

A second property means a larger deposit, tighter affordability checks, and a 5% stamp duty surcharge.

Why second home?

Buying a second home in the UK — whether as a holiday retreat, a base for work, or a property for family — requires a specialist mortgage. Lenders treat second home purchases differently from primary residences, typically requiring larger deposits and applying stricter affordability checks because you’ll be maintaining two properties simultaneously.

You’ll also need to factor in the stamp duty surcharge. Since April 2016, buyers purchasing an additional residential property in England and Northern Ireland pay a 5% surcharge on top of the standard stamp duty rates. This adds significantly to your upfront costs and is an important part of your financial planning. Use our [stamp duty calculator](/calculators/stamp-duty) to see exactly how much the surcharge will cost you.

At Clearview Mortgage Solutions, our advisers have extensive experience helping clients secure second home mortgages. We’ll explain the costs, find lenders who specialise in this area, and guide you through the process from start to finish.

Key facts

90+

UK lenders compared

FCA

Regulated advice

Free

Initial consultation

CeMAP

Qualified advisers

Your next moves.

The shortest path from where you are to a real mortgage offer.

Estimate your monthly cost and how much you could borrow with our second home calculator.

Open calculator

Run the numbers.

Affordability

How much a UK lender will lend you, based on your income and outgoings.

Open

BTL max borrowing

Maximum buy-to-let loan from your expected rent — stress tests included.

Open

Overpayment

See how a small extra payment shortens your term and slashes the interest.

Open

Loan-to-value

The LTV band that decides which rates you'll qualify for.

Open

Frequently asked.

Most lenders require a minimum deposit of 15% to 25% for a second home mortgage. The exact amount depends on the lender and your overall financial profile. A larger deposit of 25% or more will typically give you access to better interest rates and a wider choice of lenders.

Talk to a specialist.

second home mortgages have their own quirks. Our CeMAP-qualified advisers compare 90+ UK lenders and explain how each one applies to you — no obligation.

No-obligation chat

Book a call — we'll discuss your situation and what you're trying to achieve, no commitment.

Higher approval confidence

Our brokers know which lenders suit first-time buyers, remortgagers, buy-to-let, and complex cases.

Service that performs

Clear communication, realistic timelines, and the right product — not just the lowest headline rate.