Second Home Mortgages
A second property usually means a larger deposit and tighter affordability checks, plus a 5% stamp duty surcharge on top.
Why second home?
A second home mortgage in the UK works differently from the loan on your main house. Whether you want a holiday place, a flat near where you work, or a spare property for family, most lenders treat this as a specialist purchase. They ask for a bigger deposit and look harder at what you can afford, because you would be covering two properties at the same time.
Then there is the stamp duty surcharge. Anyone buying an additional residential property in England and Northern Ireland pays a 5% surcharge on top of the standard stamp duty rates, a charge that has applied since April 2016. It adds a real amount to your upfront costs, so it helps to work it out before you commit. Our [stamp duty calculator](/calculators/stamp-duty) shows exactly what the surcharge comes to.
The advisers at Clearview Mortgage Solutions have guided many clients through a second home purchase. We will go through the costs with you, match you with lenders who know this kind of deal, and stay alongside you until completion.
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 calculatorRun the numbers.
Read the guides.
Explainers covering deposits, schemes, the application, and what lenders actually look for.
Guides about Second Home mortgages
A guide to second home mortgages
What to expect when buying a second home, from deposits and affordability to lender requirements and running costs.
ReadStamp duty surcharge on second homes
How the additional property stamp duty surcharge works, how much it costs, and whether any exemptions apply to your situation.
ReadHoliday let mortgages
How holiday let mortgages differ from standard second home mortgages, rental income rules, and tax considerations for holiday lets.
Read
Frequently asked.
Most lenders ask for a deposit of 15% to 25% on a second home mortgage. The exact figure depends on the lender and your wider financial position. Put down 25% or more and you generally get better interest rates and a wider choice of lenders to pick from.
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.